1787 108th Street,Balsam Lake, WI 54810
Balsam Lake, WI 54810
Description
Rare opportunity to own three separate single family homes on one parcel no shared walls, no sharedheadaches. Each unit offers 2 bedrooms, 1 bathroom, and approximately 672 sq ft of updated living space,making this an ideal setup for investors or owner-occupants looking to offset their mortgage. All threehomes have been extensively updated during current ownership, including new flooring throughout, updatedwindows and doors (2026), new washer and dryer in each unit, and a new well pump (2026). Property alsofeatures a new water filtration system serving the homes. All units are electric for simplified utilitymanagement. Strong, consistent income with minimal vacancy. Each unit rents for $1,350/month plus$50/month per pet, generating over $48,000 annually in gross revenue. Situated on 3 acres, the propertyoffers additional space and potential for future expansion or added amenities. Whether you’re looking toexpand your portfolio with a low maintenance asset or live in one unit while the others pay yourmortgage, this is a clean, income-producing property with built-in upside.
Details
| MLS # | 7099596 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2000 |
| Days On Site | 34 |
| Listing Provided By | EXP Realty, LLC | Jackson Rohde |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,016 |
| Story(s) | 1 |
| Units | 3 |
| Zoning | Business/Commercial,Residential- |
| Acreage | 3.04 |
Interior
| Heating | Baseboard, Ductless Mini-Split |
|---|
Exterior
| Roof | Asphalt |
|---|---|
| Construction Materials | Concrete, Frame |
Parking
| Parking Features | Driveway - Other Surface, More Parking Onsite for Fee, Open |
|---|
Taxes
| Property | 2623 |
|---|
Area Information
| State | WI |
|---|---|
| County | Polk |
| City | Balsam Lake |
| Zip Code | 54810 |
| School District | W238 |
| High School | Unity |
| Listing VS Median (in 54810) | |
Price: $449,900 low | high Med: $363,000 sqft: 2,016 low | high Med: 1,780 $ / sqft: $223 low | high Med: $231 On site: 34 low | high Med: 25 | |
Market Activity 54810
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | WI |
|---|---|
| County | Polk |
| City | Balsam Lake |
| Zip Code | 54810 |
| School District | W238 |
| High School | Unity |
| Listing VS Median (in 54810) | |
Price: $449,900 low | high Med: $363,000 sqft: 2,016 low | high Med: 1,780 $ / sqft: $223 low | high Med: $231 On site: 34 low | high Med: 25 | |
