318 Main Street, Balsam Lake, WI 54810

$299,900

bedrooms

bathrooms

square feet

Acreage

0.09

Open Houses

year built

1938

Full Baths

Half Baths

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Don’t miss out on this fantastic investment opportunity in thriving downtown Balsam Lake! This property offers three apartments (one of which has already been renovated) with a strong rental history, all currently leased, providing steady income. In addition to the residential units, there’s a business space on the main level, storage and common space in the basement, and coin operated laundry facilities that generate even more income. Two additional garage storage spaces are also included and can be combined with tenant lease for additional income. Whether you choose to live in one of the apartments or strictly use the entire building as rental income, this property is a smart choice for investors. A 24-hour notice is required due to tenant occupancy.

Location
Subdivision	Original V Balsam Lake
County	Polk-WI
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 6699705

Listing agent: Tom Hartmann

Listing broker: Property Executives Realty (715) 381-8297

Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 2:47 p.m. EDT

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