Property Description
Great investment opportunity in Ladysmith! This tenant-occupied duplex on Menasha Avenue features two updated units with steady rental income. The lower unit offers 1 bedroom, 1 bathroom, and a bonus office space—perfect for remote work or extra storage. The upper unit includes 2 bedrooms and a spacious laundry room. Both units have their own laundry, adding convenience for tenants. While the interior has seen updates, the exterior is in need of some TLC and has deferred maintenance—making this an ideal property for investors looking to build equity with a little work. Reliable tenants in place who pay on time each month. Don’t miss this chance to add a solid income-producing property to your portfolio!
Interior Features
- Above Grade Finished Area: 1,400 SqFt
- Appliances Included: Dryer, Electric Water Heater, Microwave, Other, Oven, Range, Refrigerator, See Remarks, Washer
- Basement: Full
- Below Grade Unfinished Area: 1,100 SqFt
- Building Area Total: 2,500 SqFt
- Electric: Circuit Breakers
- Foundation: Poured
- Heating: Forced Air
- Levels: Two
- Living Area: 1,400 SqFt
- Rooms Total: 14
Rooms
- 3 Season Room: 7' x 15', Wood, Upper Level
- 3 Season Room: 6' x 5', Wood, Main Level
- Bathroom #1: 5' x 6', Tile, Upper Level
- Bathroom #2: 10' x 13', Tile, Main Level
- Bedroom #1: 8' x 14', Laminate, Upper Level
- Bedroom #2: 12' x 10', Carpet, Upper Level
- Bedroom #3: 14' x 10', Laminate, Main Level
- Kitchen: 10' x 12', Tile, Upper Level
- Kitchen: 13' x 12', Tile, Main Level
- Laundry Room: 5' x 5', Tile, Main Level
- Laundry Room: 8' x 7', Tile, Upper Level
- Living Room: 12' x 13', Laminate, Upper Level
- Living Room: 13' x 12', Laminate, Main Level
- Office: 6' x 7', Tile, Main Level
Exterior Features
- Construction: Wood Siding
- Lot Size: 1.08 Acres
- Parking: Driveway, Gravel, No Garage
- Patio Features: Deck, Enclosed, Three Season
- Sewer: Public Sewer
- Stories: 2
- Style: Two Story
- Water Source: Public
- Waterfront: Creek
Property Details
- 2024 Taxes: $1,431
- County: Rusk
- Possession: Subject To Tenant Rights
- Property Subtype: Mixed Use
- School District: Ladysmith
- Status: Active
- Township: City of Ladysmith
- Year Built: 1955
- Zoning: Residential-Duplex
- Listing Office: CB Northern Escape/Ladysmith
- Last Update: April 17th @ 12:55 PM