209 Park St E, Rhinelander, WI 54501

$295,000
5
BD
4
BA

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List Price
$295,000
Price Change
▼ $10,000 1788201869
MLS#
216869
Status
ACTIVE
County
Oneida
City
Rhinelander
Subdivision
1st Add
Bedrooms
5
Bathrooms
4
Subtype Additional Info
Quadruplex

Property Description

Turnkey multifamily investment delivering reliable income with refined upside potential. This well maintained four-unit property offers immediate cash flow and long term value for the discerning investor. Units 1 and 3 are positioned on the main level, while units 2 and 4 are located above, creating a functional and balanced layout. All units are currently leased, ensuring a stable revenue stream from day one. Most floor plans feature efficient open-concept living, seamlessly blending kitchen, dining, and living spaces for modern appeal. Utilities including: gas, electric, water, and garbage are presently owner paid, as units are not separately metered. Gross monthly rent roll: $2,140.00. Rents are currently in process of a positive price adjustment. A polished and dependable addition to any investment portfolio—schedule your private showing today.

Additional Information

Days on Market
129
Style
Two Story
Stories
2
Heating
Forced Air, Natural Gas
Roof
Composition, Shingle

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Calculator source: Real Geeks

Listing courtesy of TWENTY-TWO RE LLC.