085 Property Details

085 Property Details

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Park Falls Office: 715.762.3276 | 800.569.8147 | parkfalls@birchlandrealty.com | Listing Agent: pete@birchlandrealty.com

Invest for the Future! Check out this investment opportunity! This three unit apartment building is located in downtown Park Falls on 2nd Ave. North. Lower level features spacious two-bedroom unit, lots of storage space and in-unit laundry area. The upper level has two one-bedroom units. Full basement. Natural gas forced air heat. Newly shingled in 2018. Nicely landscaped corner lot. Off street parking area. Excellent rental history. $49,900

Property Details
Description Tri-Plex Apartment Building
Address 209 2nd Ave. North, Park Falls, WI 54552
Price $49,900 Property Number 085
Commercial Type Tri-Plex Apartment Building Lot Size 50x120+/- ft.
Construction Woodframe Roof Comp. shingle.
Water/Sewer Municipal Foundation Full stone bsmt.
Heating NG FA Electric 100 Amp CB
Zoning Residential Living Quarters No
Taxes (2018) $1,454.90
Computer No. 23460, 23461
Additional Comments

(Novitt/PB) Owner pays heat, tenants pay electric. Lower unit has an enclosed entry, porch/sitting room, a large storage room and a laundry room. Additional laundry facility in basement. Long term tenants. One current tenant has been there over six years. Large gravel parking at rear of building for off street parking. Priced below current assessment of $80,000. MLS#175030/1525801

Legal Descriptions

Lot 13 of Block 8 less west 38 feet and the west 38 feet of Lot 13 of Block 8, Park Falls Lumber Company Plat.

Directions

From the Park Falls office Hwy. 13 north to right onto 1st St. North, 2 blocks to property on left.

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.