Looking for an affordable investment property? This well kept 5-unit apartment building has a great rental history. There is store front commercial rental space, 3 1-bedroom apartments and 1 efficiency apartment. The building has been well maintained and each apartment includes a stove, refrigerator, living room, kitchen/dining, bath and 1 bedroom. There is a garage accommodation for additional rental income either for the renters or non renters. There is additional income from a 4 place billboard sign on the north side of the building. Each tenant pays electric, units 4 & 5 pay their own heat and the owner covers the cost of heat for units 1, 2, and 3, water/sewer, and a dumpster for all residential units use. The property has direct access to the snowmobile trail and the ATV trail and some apartments also have a lake view. Located in the heart of Phillips WI on North Lake Ave. Invest Today!
|Lot Size SqFt: 2657||Water Frontage (feet): 0|
|Lot Size Acres: 0.06||Shoreline:|
|Lake Chain:||Zoning: Residential/Commercial|
|Lake Name:||Access Road: City Street, Paved Road, State Hwy|
|River Name:||High School:|
|Lake Size-Acres: 0|