$650,000
403 W Saint George Avenue Grantsburg, WI 54840
For Sale MLS# 6674661
5,539 sq ft Commercial
Details for 403 W Saint George Avenue
MLS# 6674661
Description for 403 W Saint George Avenue, Grantsburg, WI, 54840
Investors, don’t miss this cash-flowing 8-unit apartment building in a high-demand rental market! Strong rental income, this turn-key property has seen numerous updates, ensuring low maintenance and long-term profitability. Beyond rental income, this property offers extra income opportunities, including potential for storage revenue. With a solid tenant base and a well-maintained building, this is a rare chance to step into a fully operational, income-producing asset. Whether you're expanding your portfolio or looking for a stable investment, this property is a must-see!
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Bedrooms: 9
Bathrooms: 7
Lot Size: 0.86 Acres
Square Feet: 5,539 sq ft
Year Built: 1962
Foundation: 5,539 sq ft
Number Of Units Total: 8
Current Use: Residential
County: Burnett
Days On Market: 265
Construction Status: Previously Owned
School Information
District: 2233 - Grantsburg
Interior Features
Appliances: Range, Refrigerator
Flooring: Carpet
Basement: Shared Access, Storage Space, Concrete Block
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate
Heating: Electric, Baseboard
Exterior / Lot Features
Open Parking: 12
Parking Description: Parking Lot, Driveway - Asphalt
Exterior: Wood
Lot Dimensions: 187 x 200
Zoning: Business/Commercial
Additional Exterior/Lot Features: Corner Lot, Land Inclusions - Building,Other, Road Frontage - City
Driving Directions
From Twin Cities: I-35 N to exit 165 for MN- 70 E Rock Creek/Grantsburg. Follow MN-70 E and WI-70 E. Turn Left on S. Russel St. Turn left onto W. St George Ave. Immediate Left into parking lot.
Financial Considerations
Tenant Pays: Electric
Owner Pays: Lawn,Maintenance/Repair,Sewer,Snow,Taxes,Trash,Water
Gross Income: 66900
Tax/Property ID: 071312381915404000017000
Tax Amount: 4766
Tax Year: 2024
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: RE/MAX Synergy
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 403 W Saint George Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 403 W Saint George Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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