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Park Falls Investment Opportunity- Well established multifamily property located in downtown Park Falls. This four unit property is within close proximity of all of the retailers and local businesses. The property is fully occupied with long term tenants. The four units consist of: one 2 bed/2 bath (natural gas equipped), two 2 bed/1 bath, and one 1 bed/1 bath. The property features a common area with laundry on site. Indoor parking is available for tenant's at a monthly charge. Generous outdoor parking space available. There are three parcels included in this property one of which is a 0.3 acre buildable vacant lot located to the south, providing potential future development possibilities.
Features
Age: Over 50 Years Old
Architecture Style: Other
Building Units: 4
Cooling System: Window Unit(s)
Cooling System: Multi Units
Exterior Type: Frame
Exterior Type: Wood Siding
Exterior Type: Vinyl Siding
Floor Covering: Carpet
Floor Covering: Concrete
Floors: 1
Heating System: Electric (Heating)
Heating System: Natural Gas
Legal Description: SOUTHGATE ADDITION N 1/2 LOT 5 BLOCK 3