Grantsburg, WI 54840 403 W Saint George Avenue
$650,000
16 more
Presented By: RE/MAX Synergy
SQFT • 5,539
Home Details
Investors, don’t miss this cash-flowing 8-unit apartment building in a high-demand rental market! Strong rental income, this turn-key property has seen numerous updates, ensuring low maintenance and long-term profitability. Beyond rental income, this property offers extra income opportunities, including potential for storage revenue. With a solid tenant base and a well-maintained building, this is a rare chance to step into a fully operational, income-producing asset. Whether you're expanding your portfolio or looking for a stable investment, this property is a must-see!
Presented By: RE/MAX Synergy
Interior Features for 403 W Saint George Avenue
Other Interior Features
BasementBlock, Shared Access, Storage Space
Basement (Y/N)Yes
FuelElectric
General for 403 W Saint George Avenue
AccessibilityNone
Additional Parcels Y/NNo
AppliancesRange, Refrigerator
Association AmenitiesCoin-op Laundry Owned, Fire Sprinkler System
CityGrantsburg
Construction MaterialsWood Siding
ContingencyNone
CoolingNone
CountyBurnett
Current UseResidential
DirectionsFrom Twin Cities: I-35 N to exit 165 for MN- 70 E Rock Creek/Grantsburg. Follow MN-70 E and WI-70 E. Turn Left on S. Russel St. Turn left onto W. St George Ave. Immediate Left into parking lot.
Garage Spaces
Gross Income66900
HeatingBaseboard
High School DistrictGrantsburg
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsSquare Feet
Number Of Units Total8
OwnerPaysGas, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection
PostalCityGrantsburg
Property SubtypeApartment
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount4766
Tax Year2024
Tenant PaysElectricity
UtilitiesElectric Separate
Year Built1962
Zoning DescriptionBusiness/Commercial
Exterior for 403 W Saint George Avenue
Building Area Total5539
Foundation Area5539
InclusionsBuilding, Other
Lot Dimensions187 x 200
Lot FeaturesCorner Lot
Lot Size Area0.86
Parking FeaturesAsphalt, Parking Lot
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Additional Details
Price History
John Wichmann
Agent