Great investment property with a 11.9% cap rate. 8 unit portfolio available from same owner. This two story, four unit mixed use building has first floor commercial office space located in the Downtown city center of Ashland and three second floor residential apartments. The commercial unit contains a newly installed shower in one of the bathrooms.  Upstairs the 3 bedroom unit has Chequamegon Bay views and one of the 1 bedroom apartments is completely remodeled. All units include refrigerator and stove. Tenant storage areas in basement and each tenant has a garage stall with door openers. Extra two stall garage has been leased at $75 month.  Commercial space consists of reception area, kitchen, 1 full bath and 1 half bath, and two private offices. Space has A/C. Conscientious owners have taken good care of the building, which is a solid, masonry structure. Nice green space courtyard for tenant use. Some bedrooms do not have closets,but closets are available in the units. Shop area in basement. ...   Unit measurements are not guaranteed to be exact and should be verified by buyer if material. Agent Owned Property.

The manager has listed the unit size as 3197 square feet.