302 Property Details

302 Property Details

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Phillips Office: 715.339.2181 | 800.569.8137 | phillips@birchlandrealty.com | Listing Agent: rich@birchlandrealty.com

Live in one unit and have the renter pay your mortgage. Great rental 4-plex and 2-unit apartment in Phillips on S. Lake Avenue will pay for itself while you live in one unit. Good rent history with 1-year lease for tenants. Each unit has a 1 car garage and there is storage in the basement of the 4-plex. Tenants pay heat, electric, and water. Coin laundry in basement. Financials and rents available upon request. Don’t drag your feet with this one! Asking $169,900 (17-37-1E)

Property Details
Address 571, 575, 577 S. Lake Avenue, Phillips, WI 54555
Price $169,900 Property Number 302
Living Area 4-Plex Unit and 2 Unit Apartment Lot Size 140' x 240' (.7+/- acre)
Garage Size 1-2-Car Detached, 1-4-Car Detached Rooms 4-Plex Unit and 2 Unit Apartment Beds 11 Baths 5 full, 2 half
School District Phillips Taxes $3,125.09 (2018)
Age 1960's Comp. No. 25301, 25302
Foundation Poured concrete, Stone Construction Frame/Stick
Exterior Walls Composite /Masonite, Vinyl Interior Walls Drywall
Heating NG, Forced Air Roof Composite Shingle
Water System City/Municipal Electric Service 100 amp CB
Water Heater Electric, NG Gallons Septic System Municipal
Room Level Size Remarks Closets
4-Plex Unit 1 Upper 2-Bedrooms 1.5 Bathrooms
4-Plex Unit 2 Upper 2-Bedrooms 1.5 Bathrooms
4-Plex Unit 3 Upper 2-Bedrooms 1 Bathroom
4-Plex Unit 4 Upper 2-Bedrooms 1 Bathroom
2-Unit Apartment Upper 1-Bedrooms 1 Bathroom
2-Unit Apartment Main 2-Bedrooms 1 Bathroom

Central Air

Fireplace

Oven-Range

Dishwasher

Refrigerator

Garden Space

Utility Hookups

Nat.Gas

Microwave

Washer

Dryer

Additional Comments

(Tatera/RC) All units include a 1 car garage, 4-plex units with basement storage units. Additional parking accessible. MLS#176502

Legal Descriptions

Jackson's Addition to Phillips, Lot 5 part of Lot 6, Block 1 and 17-37-IE, part of SW-SW of Lot 2 CSM #1043 Vol 5 Pg 319. Lot 7 part of Lot 6, Block 1 & 17-37-1E, part of of SW-SW, Lot 1 CSM #1043 Vol 5 Pg 319.

Directions

From Phillips Office: South on Lake Avenue (Hwy 13) 1 mile. Property on east side (left) side of Lake Avenue.

This information is approx. and subject to errors, omissions, change or prior sale, and is provided for your convenience and should not be relied upon in lieu of an inspection of the property. Some of the information may have been obtained from the seller, or other source deemed reliable, but has not been independently verified by the broker.