Bought with Alexander J Dempsey Anthony Jennings & Crew Real Estate LLC
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Key Details
Sold Price $225,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,298 sqft
Price per Sqft $68
MLS Listing ID LSA6101251
Sold Date 10/11/22
HOA Y/N No
Year Built 1922
Annual Tax Amount $2,083
Tax Year 2021
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 70X115
Property Sub-Type Commercial
Source lsar
Property Description
Outstanding income opportunity in the heart of Ashland one block from Lake Superior! This building has five rental units all with heated garage space, all units rented with gross rents totaling $54,840. Three units are completely remodeled and five remodeled bathrooms. A couple units offer a view of the lake. So many updates have been done including new insulated garage doors, three new insulated exterior doors, smart thermostats in units, four stainless steel refrigerators and three stainless steel ranges all under one year old. A spacious courtyard offers outdoor green space and nice curb appeal. This parcel is zoned CC City Center.
Location
State WI
County Ashland County
Area Lsar
Direction Lake Shore Dr in Ashland to South on 3rd Ave E to left on Main St Property on left, sign on property.
Rooms
Basement Full
Interior
Heating Boiler, Forced Air, Hot Water, Natural Gas
Cooling None
Exterior
Parking Features Attached Garage, Heated Garage, Garage Door Opener, Off Street
View Y/N No
Roof Type Asphalt,Composite
Garage No
Building
Foundation Concrete
Sewer Public Sewer
Water City
Structure Type Brick,Wood
Schools
High Schools Ashland (Wi) #170
School District Ashland (Wi) #170
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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