225 Lake Ave N Phillips WI 54555 $164,900
Features of 225 Lake Ave N Phillips WI 54555
- Status: Expired
- Est. Square Footage: 3,000
- Attached Garage: No
- Est. Acreage: 0.06
- County: Price
- Property Taxes: $3,238
- Property Tax Year: 2014
- Township: Phillips City
- Display City: Phillips
- MLS#: 148665
- Listing Company: Re/Max New Horizons Realty Llc
- Price/SqFt: $54
- Zip Code: null
Property Description for 225 Lake Ave N Phillips WI 54555
225 Lake Ave N Phillips WI 54555 - Looking for an affordable investment property? This well kept 5-unit apartment building has a great rental history. There is store front commercial rental space, 3 1-bedroom apartments and 1 efficiency apartment. The building has been well maintained and each apartment includes a stove, refrigerator, living room, kitchen/dining, bath and 1 bedroom. There is a garage accommodation for additional rental income either for the renters or non renters. There is additional income from a 4 place billboard sign on the north side of the building. Each tenant pays electric, units 4 & 5 pay their own heat and the owner covers the cost of heat for units 1, 2, and 3, water/sewer, and a dumpster for all residential units use. The property has direct access to the snowmobile trail and the ATV trail and some apartments also have a lake view. Located in the heart of Phillips WI on North Lake Ave. Invest Today!
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