John Castro
BEDS0
BATHS
MLS#6124347
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLAshland
Listing Courtesy of:
Porter Realty LLC
Agency Phone: 7152567077
Property Description
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 Features
Property Type: Multi Unit - Multiple
Lot Size: 0.34 Acres
Taxes: $3,653
Year Built: 1950
Units
Unit 1:
Bedrooms: 2
Full Baths: 1
Square Footage: 1200
Feature Descriptions
Building: Duplex - Up Down, 2 Story
Data Source: WIREX_SAAR
Days on Site: 2
Lot Dimensions: 100X150
Units: 4
Local Schools
School District: Ashland
Listed By / Shown By
Listed By
Agency Name: Porter Realty LLC
Agency Phone: 7152567077
Shown By
Agent Name: John Castro
Agent Phone: (608) 358-3706
Agency Title: Stark Company Realtors
Estimate Your Payment
Estimated Payment
$ 2,542.24 per month $2,121.16 Principal & Interest $304.42 Property Tax $116.67 Homeowner's InsuranceChange Payment Information
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1218 & 1222 Lake Shore Dr W | MLS# 6124347
This multi-family property located at 1218 & 1222 Lake Shore Dr W, Ashland, WI 54806 is currently listed for sale with an asking price of $400,000. & 1222 Lake Shore Dr W is located within the Ashland school district. Search Ashland real estate on jcastro.starkhomes.com today.