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318 Main St

$299,900

318 Main St, Balsam Lake, WI 54810

Active
Last Updated: 04/18/2025

26,935

NOI

0.09 acres

Lot Area

Details:
NOI:    $26,935
Lot Area:    0.09 acres
Units:    4
Year Built:    1938
Zoning:    Business/Commercial
Highlights:
  • Lot Size Dimensions: 50x140
  • Stories: Two
Description:

Corner Lot

Don’t miss out on this fantastic investment opportunity in thriving downtown Balsam Lake! This property offers three apartments (one of which has already been renovated) with a strong rental history, all currently leased, providing steady income. In addition to the residential units, there’s a business space on the main level, storage and common space in the basement, and coin operated laundry facilities that generate even more income. Two additional garage storage spaces are also included and can be combined with tenant lease for additional income. Whether you choose to live in one of the apartments or strictly use the entire building as rental income, this property is a smart choice for investors. A 24-hour notice is required due to tenant occupancy.

Map:
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