Segal Goldman Realty Group
Listing: #233983508

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1218 & 1222 Lake Shore Dr W, ASHLAND, WI 54806
$260,000 Built in 1950
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.
Property Type: Multifamily
List Price: $260,000.00
Units: 4
Area -
Taxes: $3,653.00
Tax Year: 2024
Year Built: 1950
Lot Size: -
Total Units: -
# Stories: -
Exterior: -
Roofing: -
Garage / Parking: -
Heating / Cooling: 0
Water: N
Listing Office Name: Porter Realty LLC