1160 3RD AVE S Active Save Request In-Person Tour Request Virtual Tour
Park Falls,WI 54552
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,000 sqft
Price per Sqft $87
MLS Listing ID 212382
Bedrooms 42
Full Baths 24
Year Built 1980
Annual Tax Amount $20,159
Tax Year 2024
Lot Size 1.371 Acres
Property Sub-Type Multi Family
Property Description
This exceptional investment opportunity awaits with this well-maintained 23-unit apartment complex, featuring two residential buildings and two 12-stall garages on 1.37 acres. The unit mix includes sixteen (16) two-bedroom 1-bath units, six (6) one-bedroom 1-bath units, and one (1) spacious four-bedroom unit—offering variety and flexibility for tenants. Each unit enjoys back patio areas, while the garages provide parking or storage. Tenants contribute to utility costs, helping reduce operational expenses for the owner. Ideally located within walking distance of local shops and essential services—and just minutes from downtown—this property delivers both small-town charm and consistent rental income. Whether you're expanding your portfolio or entering the multifamily market, this income-producing asset in a growing community is one you won't want to miss. Call today for more information!!
Location
State WI
County Price
Interior
Heating Baseboard,Electric,Wood
Flooring Carpet,Vinyl
Inclusions Real Estate Only,Fixtures
Exterior
Parking Features Garage,Driveway
Roof Type Composition,Shingle
Building
Story 2
Sewer Public Sewer
Water Public