11585 East Railroad Street

Lake Nebagamon, WI 54849

$489,000
Price
2
Beds
2
Baths
1,624 Sq. Ft.
$301 / Sq. Ft.
1,624
Sq. Ft.
$301
per Sq. Ft.

Description

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...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.
  1. Listed by Steve Germond • RE/MAX Results

Property Details for 11585 East Railroad Street

Area
LSAR
Style
Ranch/Rambler
Geo Subdivision
WI
Waterfront
No
Zoning (WI)
Business/Commercial, Residential
LISTING UPDATED: 12/18/2024 11:46 PM

Property Details for 11585 East Railroad Street

StatusActive
MLS #6116345
Days on Market86
Taxes$3,275 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSINGLE FAMILY / SF/Detached
Year Built190
Lot Size2.38 AC / 103,672 SF
CountyDouglas County

Building Information for 11585 East Railroad Street

Stories-Year Built190Building Size-Lot Size2.38 AC / 103,672 SF

Property Information for 11585 East Railroad Street

Summary
Location and General Information
  • City: Lake Nebagamon
  • State: WI
  • County: Douglas County
  • Directions: From County Rd B to County Rd F. North on F one Block.
  • Road Frontage: City
  • Township Name: Lake Nebagamon, Village of
  • Zip: 54849
Taxes and HOA Information
  • Association Fee: No
  • Parcel Number: LN-146-00444-00 and LN-146-00389-00
  • Tax Year: 2023
  • Tax Amount: $3,275.00
Parking
  • Garage Capacity: 5
  • Garage Dimensions: 28x60
  • Garage Type: Detached
School Information
  • School District: Maple (WI) #3297
Property
Property and Assessments
  • Class: SINGLE FAMILY
  • Disclosures/Docs: Disc./Condition Report, LBP Disclosure
  • Possession: Close Escrow
  • Sub Type: SF/Detached
  • Terms: Cash, Conventional
Lot Information
  • Approx Lot Dimension: See Survey Map
  • Approx Number of Acres: 2.38
  • Basement Sq Ft: 812.0
  • Construction Status: Previously Owned
  • Construction Type: Concrete Block, Frame/Wood
  • Fin Footage-Above Grade: 812.0
  • Fin Footage-Below Grade: 812.0
  • Foundation Dimensions: 28x28
  • Stories: 1 Story
  • Total Fin Square Footage: 1624.0
  • Year Built: 190
Utilities
  • Sewer: City
  • Water: Private
Interior and Exterior Features
Exterior Features
  • Amenities-Exterior: Patio
  • Exterior: Concrete Block, Wood
  • Roof: Composite
Interior Features
  • Air Conditioning: Ductless Mini Split
  • Basement Features: Bath, Family/Rec Room
  • Basement Material: Poured Concrete
  • Basement Style: Partial
  • Bath Description: 3/4 Basement, Full Main Floor
  • Fireplace: No
  • Full Baths: 1
  • Main Floor Bath: Yes
  • Main Floor Bedroom: Yes
  • Remodeled/Addition: Yes
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • 1/2 Baths: 0
  • 1/4 Baths: 0
  • 3/4 Baths: 1
Room Information
Room Information
  • Extra Rooms: Family/Rec
Room 1
  • Room Level 1: Main
  • Room Dim - Length 1: 16-6
  • Room Dim - Width 1: 16
  • Room 1: Living Room
Room 2
  • Room 2: Kitchen
  • Room Level 2: Main
  • Room Dim - Length 2: 14-6
  • Room Dim - Width 2: 12
  • Room Remarks 2: Great new GE Profile appliances
Room 3
  • Room 3: Bedroom
  • Room Level 3: Main
  • Room Dim - Length 3: 11-9
  • Room Dim - Width 3: 10
Room 4
  • Room 4: Bedroom
  • Room Level 4: Main
  • Room Dim - Length 4: 10
  • Room Dim - Width 4: 11-4
Room 5
  • Room 5: Rec Room
  • Room Level 5: Lower
  • Room Dim - Length 5: 24-9
  • Room Dim - Width 5: 25
  • Room Remarks 5: In-floor heat, 8ft ceilings plus the second bath
Multi Family
Income & Expenses Information
  • Monthly Electric Cost: 45

Property History for 11585 East Railroad Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 11585 East Railroad Street

Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Northwestern Elementary School
PublicPK to 5

Northwestern Middle School
Public6 to 8

Northwestern High School
Public9 to 12

Iron River Elementary School
PublicPK to 5

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.

Similar Homes

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11585 East Railroad Street is a single family home for sale in Lake Nebagamon, WI 54849. This property was listed for sale on September 27, 2024 by RE/MAX Results, it's currently listed at $489,000. Nearby schools include Northwestern Elementary School, Northwestern Middle School and Northwestern High School. 11585 East Railroad Street is a 2-bed, 2-bath, 1,624 sqft single family home built in 190.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 12/18/2024 11:46 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved