Balsam Lake, WI 54810,318 Main Street
Balsam Lake, WI 54810,318 Main Street
Balsam Lake, WI 54810,318 Main Street
25
Listed by Thomas Hartmann • Property Executives Realty
Bought with Jena R Paquette • Saphire Realty
$275,000
$299,900
8.3%
Est.Price: ?

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3 BD
3 BA
3,920 Sqft Lot

318 Main Street Balsam Lake, WI 54810

Est. payment /mo
SOLD DATE : 07/21/2025

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Key Details

Sold Price $275,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Original V Balsam Lake

MLS Listing ID 6699705

Bedrooms 3

Year Built 1938

Building Age 21+ Years

Annual Tax Amount $2,031

Tax Year 2024

Lot Size 3,920 Sqft

Property Description

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.

Location

State WI

County Polk

Zoning Business/Commercial

Interior

Heating Natural Gas

Cooling Window/wall AC, Hot Water

Equipment Dryer, Range, Refrigerator, Washer

Exterior

Garage Spaces 2.0

Parking On Site 1

Roof Type Flat

Building

Sewer Municipal Water, Municipal Sewer

Structure Type Brick/Stone

New Construction N

Schools

School District Unity

Others

Acceptable Financing Other

Listing Terms Other

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agent

O'Connor Realty Group

Business | License ID: 31657-91

+1(715) 823-5144

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