1218 & 1222 , Ashland, WI

Name: 1218 & 1222 , For Sale in Ashland - Zoocasa
Brand: Porter Realty LLC
SKU: 6128262
Price: 450000 USD

House

For Sale

Listed price in listed location currency (USD).

$450,000

850

MLS® 6128262

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 4200 sqft

Garage

Taxes

Days Active 1

Lot Size 0.34 Acres

Approx. Age 1950

Avg. Price Per Sqft $107

MLS® Number 6128262

Property Address: 1218 & 1222 Lake Shore Dr W, Ashland, WI, 54806

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number6128262

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1950

BasementPartial

Driveway

Garage Spaces

HeatNatural Gas

A/C

Extras

Map

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