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$400,000

For Sale

21 days ago

1218 & 1222 , Ashland, WI

House

MLS® 6124347

8 Bed

5 Bath

4200 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4200 sqft
Garage 
Taxes $3,653
Days Active 21
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $95
MLS® Number 6124347

Property Address: 1218 & 1222 Lake Shore Dr W, Ashland, WI, 54806

Average square foot calculated using Size range provided by listing agent.

Description

1222 & 1218 Lakeshore Drive – Two Income-Producing Homes with Exceptional Potential Two well-performing rental properties are offered together for an unbeatable value. The eastern property (1218 Lakeshore Drive) is a freestanding 4-bedroom home with a solid basement and foundation, currently rented for $1, 100/month with a consistent rental history. The western property (1222 Lakeshore Drive) has been converted into a triplex, also showing strong, steady income and long-term tenancy. Both properties are professionally managed, and detailed income statements are available upon request. Combined, these four rental units currently generate over $3, 800.00 per month in income. With multiple curb cuts and a prime corner location at Beaser Avenue and Lakeshore Drive, this site also holds excellent future commercial potential. Enjoy great lake views, a proven income stream, and a property that pays for itself while offering strong appreciation potential. This is the opportunity for the intelligent investor—secure income now and position yourself for long-term growth.
MLS® Number6124347
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
BasementPartial
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 6, 2026List Date
$400,000List Price
  • Commute

Commute

Starting Address
Destination Address
1218 & 1222 , Ashland, WI

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