Multi-family house with many updates in the last 2 years. Lot size: 1.19 acres. Located just five minutes north of Rhinelander city limits in the Town of Pine Lake. 5 units leased to long-term tenants. Perfect investment opportunity in the Northwoods. Gross rent is about 40k/year. Unit One: 2bd, 2ba, 2-car attached garage, nice size living room, nice size family room, dishwasher, private laundry (washer and dryer) inside the apartment. $985/month. Unit Two: 1-and-half bd, 1ba, nice size living room. $650/month. Unit Three: 2bd, 1ba, nice size living room. $700/month. Unit Four: 3bd, 1ba, dishwasher, great size living room. $750/month. Unit Five (storage unit): 3-car detached garage. $250/month. Utilities included in rent payments. Free Laundry Room in the building can be easily converted into a coin laundry room. 1-car attached garage for Landlord’s personal storage. Water: well. Sewer: septic tank.
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