3662 N Clark Street

$389,000 – Radisson, WI

Imagine owning a property with a robust 13% cap rate and a gross income multiplier of 6. Consisting of 7 occupied rental units and a re-tooled public laundromat. With some rents unchanged for years, there exists a substantial opportunity to enhance earnings through thoughtful updates and strategic management. The convenience of location cannot be overstated, with residents and customers enjoying easy access to the bank, dollar store, post office, and gas station, all within walking distance. Moreover, its proximity to Hayward and Ladysmith—just 20 minutes away—places this property in an enviable position, catering to both the local community and visitors to the area.

TOUR THIS PROPERTY

Property Features

Basement: None
Cooling: None, Other, See Remarks
Electric: Circuit Breakers
Fireplace: N
Foundation: Poured, Slab
Heating: Baseboard, Other, See Remarks, Wall Furnace
Out Buildings: None
Patio/Deck: None
Sewer Service: Public Sewer

Includes
Dryer, Gas Water Heater, Other, Oven, Range, Refrigerator, See Remarks, Washer

Excludes
Microwave, Sellers Personal, Tenants Personal

Directions
In Radisson at the corner of Hwy 70 and Hwy 40 (Clark Street), turn south two blocks to apartments/laundromat on the left. No for sale sign on property.

Legal
Prt nwne

Listing Agent
Alison Kempen

Listing Agency
CB Northern Escape/Ladysmith