Remarks

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. With some rents unchanged for years, there exists a substantial opportunity to enhance earnings through thoughtful updates and strategic management. The convenience of location cannot be overstated, with residents and customers enjoying easy access to the bank, dollar store, post office, and gas station, all within walking distance. Moreover, its proximity to Hayward and Ladysmith—just 20 minutes away—places this property in an enviable position, catering to both the local community and visitors to the area.

Details

MLS#: 1581796
Price: $389,000

Style: Commercial
Sq Ft: 6015
Year Built: 1500

County: Sawyer
Tax Fee: 1206.3100