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Active
$650,000
/mo Edit
Commercial:  Other
15 br • 1 ba • Built 1930
0.491 acres
Grantsburg schools
MLS# 7130212
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    Property Description

    A great investment opportunity! This apartment building Is fully rented out and ready for the next investor. Well maintained multi-unit apartment building in a quiet Grantsburg neighborhood. This property offers solid rental income with multiple clean, functional units featuring practical layouts and good natural light. This is also a historical building in the community being built in 1930 and being the hospital of Grantsburg for many years. All the tenants have passed background checks and do not cause issues. They all have year leases and with Off street parking, mature trees, and usable yard space add convenience and curb appeal. A strong investment opportunity in a desirable location.

    Listing

    Contingency: None
    City: Grantsburg
    County: Burnett
    State: WI
    Property Style: Other
    Zip Code: 54840
    Subdivision Name: Andersons Add

    Interior

    Exterior

    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 2,600 ft2
    Foundation Dimensions: 35x75
    Handicap Accessible: Doors 36"+, Wheelchair Ramp(s)
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Parking Lot
    Roof Details: Age Over 8 Years

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.491
    Geolocation: 45.776004, -92.681639
    Inclusions: Building, Business, Leases
    Lot Dimensions: 162 x 132
    Zoning: Business/Commercial

    Schools

    School District: 2233
    District Phone: 7154632531

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,394
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,394

    Income

    Annual Gross Income: $65,640

    Units

    Total Units: 7

    Miscellaneous

    Current Use:
    • Commercial
    • Residential
    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.