$260,000

1218 & 1222 Lake Shore Dr W, Ashland, WI 54806

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

1222 & 1218 Lakeshore Drive ? Two Income-Producing Homes with Exceptional Potential Two well-performing rental properties are offered together for an unbeatable value. The eastern property (1218 Lakeshore Drive) is a freestanding 4-bedroom home with a solid basement and foundation, currently rented for $1,100/month with a consistent rental history. The western property (1222 Lakeshore Drive) has been converted into a triplex, also showing strong, steady income and long-term tenancy. Both properties are professionally managed, and detailed income statements are available upon request. Combined, these four rental units currently generate over $3,800.00 per month in income. With multiple curb cuts and a prime corner location at Beaser Avenue and Lakeshore Drive, this site also holds excellent future commercial potential. Enjoy great lake views, a proven income stream, and a property that pays for itself while offering strong appreciation potential. This is the opportunity for the intelligent investor?secure income now and position yourself for long-term growth.

Listing Status:
Active
Listing Office:
Porter Realty LLC : 7152567077
Listing Agent:
Kevin Porter : 7152567077
MLS ID:
804224029664
  • General: Duplex - Up Down2 Story
  • Originating MLS: WIREX_SAAR
  • School District: Ashland
  • County: ASHLAND
  • Zoning: 201-00056-0000;201-00055-0000
  • Source: WIREX_SAAR

This listing courtesy of Kevin Porter, Porter Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lake Superior Elementary School

1101 Binsfield Rd, Ashland, WI, 54806

Grades PK-5

1.50 miles away

A

Ashland Middle School

203 11th St E, Ashland, WI, 54806

Grades 6-8

1.10 miles away

A

Ashland High School

1900 Beaser Ave, Ashland, WI, 54806

Grades 9-12

1.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.