173 81 Anderson St, Rhinelander WI 54501 $129,500

173 81 Anderson St, Rhinelander 0 Acres $129,500 Active

  • CommercialProperty
  • Status: Active
  • County: Oneida
  • Property Taxes: $3,525
  • Property Tax Year: 2016
  • MLS#: 155781
  • Listing Company: First Weber - Rhinelander
  • Listing Agent: Ron Skagen And Associates

173 81 Anderson St Rhinelander WI 54501 - This commercial property with four separate leaseholds grossing $2107/month in rents and tenants paying all utilities including sewer/water is an excellent opportunity to invest in downtown Rhinelander. The leaseholds consist of three separate offices and a 2 bedroom, 1 bath apartment above the offices with separate street level access. Each leasehold offers varying updates from building to building, though all have been well maintained. With interest rates low and this property providing an 13% cap rate when fully rented, this could make for a good long term investment or commercial space for an owner occupied business.

Additional Features
  • Heating/Cooling: Central Air, Forced Air
  • Flooring: Mixed
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
155781 Feb 7 2017 2:18PM $129,500 $139,500 390
155781 Active Mar 4 2016 1:18PM $139,500 390

Estimated Monthly Payment

$3,287 per month
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Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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