11585 E Railroad St, Lake Nebagamon, WI 54849

bedrooms 2
bathrooms 2
|Other
THB ฿16,860,231
USD $489,000
Published on: 29 Sep 2024
Last updated on: 02 Jan 2025
11585 E Railroad St, Lake Nebagamon, WI 54849
11585 E Railroad St, Lake Nebagamon, WI 54849
11585 E Railroad St, Lake Nebagamon, WI 54849
+37
11585 E Railroad St, Lake Nebagamon, WI 54849
  • 37
Property ID: 110094862519
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SF/Detached - Lake Nebagamon, WI

11585 E Railroad St, Lake Nebagamon, WI 54849
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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
9,631.53 m2
Building Size
150.87 m2
Rooms
2 bedroom(s), 2 bathroom(s), 1 livingroom(s)
Architecture Style
Other
Num Floors
1
County
Douglas County
Parcel ID
LN-146-00444-00 and LN-146-00389-00
Provider
Lake Superior Association of REALTORS®
Brokerage Office Name
RE/MAX Results
Brokerage Office Phone
(952) 829-2900
Neighbourhoods
LSAR
Address
11585 E Railroad St, Lake Nebagamon, WI 54849

Tax History

YearTax amount
2023USD $3275THB ฿112,919*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Steve Germond
RE/MAX Results
2520 Maple Grove Road, Duluth, MN 55811
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Steve Germond
2520 Maple Grove Road, Duluth, MN 55811
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      Property ID: 110094862519

      Data provided by Lake Superior Association of REALTORS®, MLS #: 6116345
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