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68095 Cty Hwy H Iron River, WI $ 999,000
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$ 999,000 Get more info
68095 Cty Hwy H
$ 999,000
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New Construction
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68095 Cty Hwy H

Iron River, WI, 54847
$ 999,000
Baths0.0 Sq 1,008

Monthly Estimate*

$ 6,978

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Studio

Commercial Property for sale in Iron River, WI

for $999,000. This 1,008 square foot building was built in 1900 on a lot size of 2.26.

Excellent investment opportunity. 4 Duplexes with room for 1 more to be built, all on City water and sewer and natural gas. These units are very popular and there is always a waiting list to get in, 100% occupancy. Current owner kept rent below the going rate, so there is definitely room for more income here. Units are all 2 bedroom, 1 bath and each has an attached 1 car garage. 6 of the units have in-slab heat with brand new boilers and 2 of the units have off-peak electric heat with propane fireplaces. The last 2 units are 2Feet wider in the living and dining areas. These units are all well maintained. All units are accessible, ground level and have patios in the back.

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Commercial Active

Price

$ 999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,366

Style

Duplex Side by Side

Lot Size

2.26

Year Built

1900

Town/City

Iron River

County/Region

Bayfield

MLS | Web ID

6461034
Features
General
Sewer City Sewer/Connected
Heating Baseboard Forced Air Radiant Floor
Cooling Wall Unit(s)
Utilities Electric Separate
Garage Spaces 1
Construction Materials Vinyl Siding
Year Built 1900
Property SubType Duplex Side by Side
Tax Year 2022
Current Use Residential
Accessibility Fully Wheelchair No Stairs External No Stairs Internal
Additional Parcels Description 19106
County Bayfield
Insurance Expense 3800
Property Type Commercial Sale
Contingency None
Subdivision Name Pettingills First Add
Directions South on Cty Hwy H. 1/4 mile on left
City Iron River
Buyer Agent Compensation 2.25
High School District Maple
Zoning Description Residential-Multi-Family
Total Units 8
Street Name Cty Hwy H
Land Lease Y/N N
Tax Annual Amount 7366
Electric Expense 2250
Additional Parcels Y/N Y
Days on Market 122
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Attached Garage Asphalt
Water Source City Water/Connected
Inclusions Building
Lot Size Area 2.26
Building Area Total 1008
Lot Dimensions 200x200+100x300 and 140x200
Lot Size Units Acres
Foundation Area 2016
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Interior
Basement (Y/N) N
Fuel Electric Natural Gas Propane
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Internal Only
Street Number 1 68095
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* Excluded Features
List By
Coldwell Banker Realty

Broker

peggykman@vanhollen.com

Email

Affordability Calculator

$7,592
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,978
Monthly Property Taxes
$614
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048290 Elementary School
3048537 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/15/2024$999,000 -16.75% Price Down
11/16/2023$1,200,000 Listed Price

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68095 Cty Hwy H, Iron River, WI, 54847 is a Commercial Property for sale at $999,000 with 1,008 sqft and a lot size of 2.26. 68095 Cty Hwy H is a studio with 0.0 baths and was built in 1900. The property's zip code is 54847 which is in Iron River, WI

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