Sold price:

$268,000

Sold on 07/02/2021

Listed by Key Insight, Llc

Description

This investment property has great potential and is conveniently located just outside Rhinelander east city limits. There are 3, 26x80 storage buildings with 23, 10x26 units total. There is good rental history and rates have not changed since it was built in 2006! The storage buildings are vinyl sided with 35-year composition shingles about 4 years ago. Included is an older cement block 4-plex with 3, 1-bedroom efficiency apartments($390/mo) and 1, 2-bedroom efficiency apartment($440/mo). The storage units rent for $60/mo. One renter pays $550 per year. A conventional septic system was installed in 2017. The 4-plex has a shared point well, is separately metered and wall furnaces. Call now to set up a showing for this amazing investment property!

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Property Details

Features Commercial/Industrial

Lot Size SqFt: 21780 Water Frontage (feet): 0
Lot Size Acres: 0.5 Shoreline:
Lake Chain: Zoning:
Lake Name: Access Road: TownRoad
River Name: High School:
Lake Size-Acres: 0

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Listing History

Date Event Change
Jul 8 2021 1:10PM Status Change Sold
Jul 2 2021 3:39PM Status Change Sold
May 14 2021 4:41PM Status Change Active w/Contract
May 11 2021 7:39PM Status Change Active
May 11 2021 5:09PM Status Change Active

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