3662 N Clark Street Radisson, WI 54867

$389,000
MLS# 1581796
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  • 6,015 Sq. Ft.
  • 0.77 Acres

Property Description

Imagine owning a property with a robust 13% cap rate and a gross income multiplier of 6. Consisting of 7 occupied rental units and a re-tooled public laundromat Some rents have remained unchanged for years. Convenient location. Walking distance to a bank, dollar store, post office, gas station, and churches. Twenty minutes to Hayward or Ladysmith. Financing available to approved buyer. 12% down, 7% interest, 20 yr. amortization, 5 yr. balloon.

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County

Sawyer

School District

Winter

Above Grade

6,015 sq. ft.

Below Grade

0 sq. ft.

Style

Commercial

Property Type

CommercialSale

Lot Size

275 x 135 x

Property Taxes

$1,206.31

Tax Year

2023

Basement

None

Cooling

None,Other,SeeRemarks

Exterior

CementSiding,Other,SeeRemarks,WoodSiding

Heating

Baseboard,WallFurnace

Roads

Highway

Sewer

PublicSewer

Water

Public

Zoning

Unzoned

Directions

In Radisson at the corner of Hwy 70 and Hwy 40 (Clark Street), turn south two blocks to the apartments/laundromat on the left.

Listing Agency

Listing courtesy of
Cb Northern Escape / Ladysmith