11585 E Railroad St
Lake Nebagamon, WI 54849
- 2 beds
- 1 bath
- 1,624 sqft
- ~2 acre lot
- $301 per sqft
- – on site
This beautifully renovated property offers an incredible investment opportunity on 1.84 acres in the Village of Lake Nebagamon This property is perfect for entrepreneurs seeking steady revenue generation. At its core is an immaculate 2-bedroom, 2-bath home featuring a gorgeous custom kitchen with new GE Profile appliances, abundant cabinetry, and very attractive countertops. The home also boasts new energy-efficient lighting and a combination boiler and water heater that utilizes convenient natural gas and there is a mini-split A/C and heat pump to keep you comfortable. The lower level includes a spacious family room with in-floor heat that is ideal for various uses, and the beautiful second bathroom. You?ll appreciate the meticulous attention to detail and quality craftsmanship throughout the renovation. The property also includes an updated laundromat business, which has undergone a substantial facelift with new equipment, energy-efficient lighting, an updated restroom, and a sophisticated camera system for added security. The modern mechanical systems supporting the laundromat are in excellent condition, making the business truly turnkey. Additionally, the property features a two-bay self-serve car wash with in-floor heating to reduce operating costs. A 60 x 28-foot, 5-bay garage offers additional leasable storage space, with ample land available for expansion if desired. An additional 0.57-acre parcel, zoned R1, is included and would be suitable for building another home. Whether you?re looking for a great income opportunity, want to operate a successful home business, or wish to expand your portfolio of vacation rentals, this property is sure to exceed your expectations. The property is located a short walk to the public beach on Lake Nebagamon and the businesses that support the local population that include a bank, grocery store, restaurants, ice cream shops, and two taverns. Railroad Street is also a part of the popular recreational vehicle trail network in Douglas County.
Last checked:
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Last updated Dec 19, 2024
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MLS# 6116345 —
This home is listed in more than one place. See it here.
The Building
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New Construction:No
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Total SqFt:1624
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Finished Above Grade SqFt:812
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Finished Below Grade SqFt:812
Interior
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Living Room Level:Main
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Kitchen Level:Main
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Other Room 1 Level:Lower
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Other Room 1 Name:Rec Room
Location
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Directions:From County Rd B to County Rd F. North on F one Block.
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Municipality:LAKE NEBAGAMON
The Property
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Property Type:Single-Family
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Lot Acreage:2.38
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Lot Size:See Survey Map
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Farm:No
Listing Agent
- Contact info:
- Agent phone:
- (218) 390-2826
Taxes
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Tax ID:LN-146-00444-00 and LN-146-00389-00
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Total Taxes:$3,275
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Tax Year:2023
Beds
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Total Bedrooms:2
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Bedroom 2 Level:Main
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Bedroom 3 Level:Main
Baths
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Total Baths:2
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Full Baths:1
Schools
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School District:Maple
Parking
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Garage Spaces Total:5
Monthly cost estimate
Asking price
$489,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,618
|
| Taxes | $272 |
| Insurance | $134 |
| Utilities | N/A |
| Total | $3,024/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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9/28/24
Sep 28, 2024
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Listed / Active | WIREX_SAAR | $489,000 |
