1787 108th Street, Balsam Lake, WI 54810
- $449,900
- 6
- BD
- 3
- BA
- 2,016
- SqFt
- List Price
- $449,900
- MLS#
- 7099596
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Triplex
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 2,016
- Acres
- 3.04
- Year Built
- 2000
Property Description
Rare opportunity to own three separate single family homes on one parcel no shared walls, no shared headaches. Each unit offers 2 bedrooms, 1 bathroom, and approximately 672 sq ft of updated living space, making this an ideal setup for investors or owner-occupants looking to offset their mortgage. All three homes have been extensively updated during current ownership, including new flooring throughout, updated windows and doors (2026), new washer and dryer in each unit, and a new well pump (2026). Property also features a new water filtration system serving the homes. All units are electric for simplified utility management. Strong, consistent income with minimal vacancy. Each unit rents for $1,350/month plus $50/month per pet, generating over $48,000 annually in gross revenue. Situated on 3 acres, the property offers additional space and potential for future expansion or added amenities. Whether you’re looking to expand your portfolio with a low maintenance asset or live in one unit while the others pay your mortgage, this is a clean, income-producing property with built-in upside.
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Additional Information
- School District
- Unity
- Tax Year
- 2025
- Fencing
- None
- Fuel
- Electric
- Sewer
- Holding Tank, Private Sewer
- Roof
- Asphalt
- Heating
- Baseboard, Ductless Mini-Split
- Water
- Private, Well
- Basement
- None
- Parking
- Driveway - Other Surface, More Parking Onsite for Fee, Open
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Listing courtesy of EXP Realty, LLC.
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