Last Sold Price
8 beds2,630 sqft$116/sqft
3160 9 Mile Rd, Eagle River, WI 54521

Description

Nine mile rd. FOURPLEX - Great investment opportunity! This compound could be used as a family retreat, rentals, or your business. Sitting on 2.58 acres in a beautiful, wooded country setting. All of the buildings are in good condition: The 3BR home has a new metal roof, full basement with a walkout, and a attached 2 car garage; the1BR, year-round cabin also has a basement; and upper and lower 2 bedroom 1 bath duplex units; and a 48' x 62' garage/workshop/storage building with heat and water, and...Nine mile rd. FOURPLEX - Great investment opportunity! This compound could be used as a family retreat, rentals, or your business. Sitting on 2.58 acres in a beautiful, wooded country setting. All of the buildings are in good condition: The 3BR home has a new metal roof, full basement with a walkout, and a attached 2 car garage; the1BR, year-round cabin also has a basement; and upper and lower 2 bedroom 1 bath duplex units; and a 48' x 62' garage/workshop/storage building with heat and water, and the exterior stalls will allow for more storage or boat rentals (currently it is renting for only $200/month). The financials are outstanding with 97% occupancy rate, a total gross rental income of $40,800, net income of $27,096, and 8.5 cap rate! Close to the Eagle River Chain of Lakes and many other boating and fishing opportunities, national forest lands are just down the road for the outdoor enthusiast to enjoy. It is only 9 minutes to Eagle River.
LISTING CLOSED: 02/23/2023 06:00 PM

  1. Listed by THE BIEGEL TEAM • Brokerage DRE #937198 - 91 • RE/MAX PROPERTY PROS
    P: (715) 482-7886 C: (715) 482-7886 biegelken@gmail.com
  2. Listed by T.D. BIEGEL • Brokerage DRE #937198 - 91 • RE/MAX PROPERTY PROS
    P: (715) 525-1793 C: (715) 525-1793 tdbiegel45@gmail.com

Property Details for 3160 9 Mile Road

Status
MLS #
199966
Days on Market
32
Taxes
$2,434 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Quadruplex
Year Built
-
Lot Size
2.58 AC / 112,385 SF
Architectural Style
Other
Has Waterfront
No
Zoning Description
Multi-Family

Location

Listing Courtesy of RE/MAX PROPERTY PROS

Sold By REDMAN REALTY GROUP, LLC

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Building Information for 3160 9 Mile Road

Stories-Residences-Year Built-Building Size-Lot Size2.58 AC / 112,385 SF

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Property Information for 3160 9 Mile Road

Summary
Location and General Information
  • Directions: Hwy 70E, right on E. Cranberry Lake Rd., 1.2 miles to left on E. Bass Lake Rd., .06 miles right on Nine Mile Rd. to property on left.
  • Latitude: 45.91467101
  • Longitude: -89.142242
  • Township: VI Washington
Taxes and HOA
  • Parcel Number: 26-2770
  • Tax Annual Amount: $2,434.00
  • Tax Year: 2022
School Information
  • Elementary School: VI Northland Pines-ER
  • High School: VI Northland Pines
  • Middle Or Junior School: VI Northland Pines
Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached, Garage
Property
Lot Information
  • Lot Features: Private, Secluded, Wooded
  • Lot Size Square Feet: 112385.0
  • Public Survey Range: 11E
  • Public Survey Section: 29
  • Public Survey Township: 40
Property and Assessments
  • Above Grade Finished Area: 2630.0
  • Building Area Total: 2630.0
  • Living Area: 2630.0
  • Property Sub Type: Quadruplex
  • Property Type: Residential
Building Features
  • Other Structures: Outbuilding
  • Construction Materials: Frame, Log, Wood Siding
  • Foundation Details: Block
  • Roof: Composition, Shingle
Utilities
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Deck
Interior Features
  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator, Water Purifier
  • Basement: Partial, Partially Finished
  • Has Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Has Fireplace: No
  • Heating: Electric, Forced Air, Propane, Wall Furnace
  • Has Heating: Yes
  • Water Heater: Electric, Propane
Room Information
Room 1
  • Dimensions: 23'6x6'6
  • Level: First
Room 2
  • Dimensions: 5x4'6
  • Level: Second
Room 3
  • Dimensions: 9x9
  • Level: Second
  • Type: Bedroom
Room 4
  • Dimensions: 7'6x7'6
  • Level: First
Room 5
  • Dimensions: 13x9
  • Level: Second
  • Type: Living Room
Room 6
  • Dimensions: 15'6x13
  • Level: First
  • Type: Living Room
Room 7
  • Dimensions: 11x8
  • Level: First
  • Type: Kitchen
Room 8
  • Dimensions: 15'6x8'6
  • Level: First
  • Type: Dining Room
Room 9
  • Dimensions: 12x11
  • Level: Basement
  • Type: Living Room
Room 10
  • Dimensions: 8x4
  • Level: Basement
  • Type: Kitchen
Room 11
  • Dimensions: 12x9
  • Level: Third
  • Type: Kitchen
Room 12
  • Dimensions: 10x10
  • Level: First
  • Type: Bedroom

Property History for 3160 9 Mile Road

DateEvent & SourcePriceAppreciation
Feb 23, 2023

Sold

Greater Northwoods MLS #199966

$306,000
Feb 15, 2023

Sold (Public Record)

Public Record #1514593840

$306,000

+12.9% / yr

Jan 7, 2023

Pending

Greater Northwoods MLS #199966

DateEvent & SourcePrice
02/23/2023

Sold

Greater Northwoods MLS #199966

$306,000
02/15/2023

Sold (Public Record)

Public Record #1514593840

$306,000

+12.9% / yr

01/07/2023

Pending

Greater Northwoods MLS #199966

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3160 9 Mile Road

Taxable ValueLand$29,800Additions$277,400Total$307,200
Tax Record2025$1,843 ($154 / month)
Home Facts
Beds0Lot Size112,385 SqFtStyleSingle Family ResidenceCountyVILASAPN26-2770

Schools near 3160 9 Mile Road

This home is within Northland Pines School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Charter - 8 to 12
Public - 7 to 8
Rating
School
Distance
Northland Pines Elementary-Eagle River
PublicPK to 6

Northland Pines High School
Public7 to 12

Northland Pines Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX PROPERTY PROS

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