Investment opportunity with these two homes on one city lot in a multi-family zoned area within walking distance to downtown Rhinelander! One is a 2bed/1bath home (936 sq ft) with a stone basement and the other is a 1bed/1bath (425 sq ft) home on a crawl space accessible from the floor in the kitchen area. Both sets of tenants currently share lawn care and snow removal. Both homes are vinyl sided with two yr. old shingles. Numerous updates through the years include flooring, doors, windows, siding, electrical, plumbing and ceiling fans. Both homes have good tenants on leases. Rental income is currently $575/mo for the 2bed home and $450/mo for the 1/bed home. So if you're wanting to add to your investment portfolio or eventually live in one and rent the other, or possibly have a guest house, the opportunity is there! Currently you can enjoy the good cash flow! Call soon before it's sold!
|Style: OneStory||Lake Chain:|
|Garage: Driveway, None||Lake Name:|
|Year Built: 1900||River Name:|
|Basement Type: Partial||Water Frontage (feet): 0|
|Fin SqFt Total: 936||Lake Size-Acres: 0|
|Lot Size: 6970||Shoreline:|
|High School: ON Rhinelander||Site Influence: Level|
|School District: Rhinelander||Construction: Frame, VinylSiding|
|Dec 16 2020 3:09PM||Price Change||$96,500|
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