Turnkey multifamily and commercial property delivering reliable income with exceptional potential! This amazing property offers immediate cash flow and long-term value with over 6000 square feet of space including 3 studio units, 1 one-bedroom unit, a 1000 sq ft office space, hair salon, and three additional bonus rooms. The electric is separated for each unit, and the basement provides ample storage for tenants or additional use. Ideally located for visibility and convenience, this property is perfectly positioned to attract both residential and commercial tenants. Whether you're looking to expand your portfolio or invest in an income-producing property, this is an opportunity you won’t want to miss!
Under contract
$274,900
125 N Lake Ave, Crandon, WI 54520
4beds
6,384sqft
Quadruplex, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$43/sqft
$-- HOA
What's special
Hair salonBasement provides ample storageThree additional bonus rooms
- 54 days |
- 12 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
KATHY FLANNERY 715-889-0330,
HOMELAND REALTY WI LLC
Source: GNMLS,MLS#: 217382
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Bedroom
- Level: Second
- Dimensions: 8x9
Bedroom
- Level: Second
- Dimensions: 8x9
Bathroom
- Level: First
Bathroom
- Level: Second
Bathroom
- Level: Second
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: Second
Bathroom
- Level: First
Bathroom
- Level: Second
Kitchen
- Level: First
- Dimensions: 10x9
Kitchen
- Level: Second
- Dimensions: 8x9
Kitchen
- Level: Second
- Dimensions: 8x9
Laundry
- Level: First
- Dimensions: 8x9
Living room
- Level: Second
- Dimensions: 8x9
Living room
- Level: Second
- Dimensions: 8x9
Office
- Level: First
- Dimensions: 11x10
Office
- Level: First
- Dimensions: 56x26
Other
- Level: First
- Dimensions: 11x12
Other
- Level: First
- Dimensions: 11x16
Heating
- Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 6,384
- Total interior livable area: 6,384 sqft
- Finished area above ground: 6,384
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,698 Square Feet
Details
- Parcel number: 211006930000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Frame
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Shaws 1st Add
Location
- Region: Crandon
Financial & listing details
- Price per square foot: $43/sqft
- Annual tax amount: $2,865
- Date on market: 5/27/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2026 | Contingent | $274,900$43/sqft |
Source:  GNMLS #217382 Report a problem | ||
| 5/27/2026 | Listed for sale | $274,900$43/sqft |
Source: GNMLS #217382 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 54520
Nearby schools
GreatSchools rating
- 5/10Crandon Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 2/10Crandon Middle SchoolGrades: 6-8Distance: 1.1 mi
- 2/10Crandon High SchoolGrades: 9-12Distance: 1.1 mi
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