1428 4TH AVENUE SOUTH, Park Falls, WI 54552
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1428 4TH AVENUE SOUTH, Park Falls, WI 54552
1428 4TH AVENUE SOUTH, Park Falls, WI 54552
1428 4TH AVENUE SOUTH, Park Falls, WI 54552
1428 4TH AVENUE SOUTH, Park Falls, WI 54552
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The Luxe Group Realtors Real Broker

The Luxe Group Realtors Real Broker

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$ 244,900
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1428 4TH AVENUE SOUTH Park Falls, WI 54552

5 Beds

4 Baths

3,140 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,140 sqft

Price per Sqft $77

MLS Listing ID 22604113

Bedrooms 5

Full Baths 4

Year Built 1920

Annual Tax Amount $2,015

Tax Year 2025

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Single Family

Property Description

Investment opportunity in the heart of the Northwoods! This well-maintained four-unit property offers an excellent opportunity to add an income-producing asset to your portfolio in a community surrounded by the natural beauty and year-round recreation of Wisconsin's Northwoods. The property features a desirable mix of (2) two bedroom, one-bath units, (1) one-bedroom, one-bath unit, and (1) studio, providing flexibility for a variety of tenants. Units 1, 2 and 4 have been fully remodeled, while Unit 3 has been well maintained and features updated windows. Each unit has separate electric, individual water heaters, and LP boiler heat. A coin-operated washer and dryer are offered in the basement for tenants, providing additional income to the owner. The building is serviced by a private well and mound septic system installed in 2004. Located just south of Park Falls on State Highway 13, the property is conveniently situated minutes from the amenities of Park Falls while providing tenants a country setting in the middle of everything that makes the Northwoods special. Park Falls is surrounded by lakes, forests and year-round recreation, with easy access to the Flambeau River, Chequamegon-Nicolet National Forest, the Tuscobia State Trail and an extensive network of ATV and snowmobile trails. Whether you're looking to expand your rental portfolio, add a multifamily property in a recreational Northwoods community, or looking for your own residence with income, this investment property offers a solid combination of location, updates, functional unit layouts and long-term potential.

Location

State WI

County Price County

Area Other

Zoning Commercial

Rooms

Basement Partial Finished, Full, Laundry Hookups

Interior

Hot Water Electric

Heating Forced Air

Flooring Carpet, Vinyl

Appliance Refrigerator, Washer, Dryer, Oven

Laundry Lower Level Utility

Exterior

Parking Features None

Utilities Available Lower Level Utility

Roof Type Shingle,Metal

Building

Sewer Mound

Level or Stories 1 Story

Structure Type Concrete Block

Others

Tax ID 50-271-2-40-01-25-5 05-00

SqFt Source Agent Measured

Energy Description LP Gas

Listed by NORTHWOODS REALTY
The Luxe Group Realtors Real Broker
The Luxe Group Realtors Real Broker

Company License ID: 92937 - 94

+1(715) 347-7004 | yourluxepartner@gmail.com

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1428 4TH AVENUE SOUTH