For sale
  • $260,000

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

    2beds
    1baths
    4,200sqft
    : 
    Condominium
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $62/sqft
    $-- HOA

    What's special

    Solid basementConverted into a triplexGreat lake viewsCorner locationPrime corner location
    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.
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