Located just south of Cable a popular area for outdoor recreation and convenient to employment opportunities in Hayward is this well-maintained four-unit multi-family property with a solid rental history. Features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath unit. The upper level two bedroom would make a great owner's unit for year-round or weekend use, featuring a large 3-season porch with westerly views overlooking a scenic back yard and woodline. The lower level also offers a carpeted storage area, multi-use space for the owner. Three units were newly completed in 2023, and the fourth was updated at the same time. All work has been done—modern finishes, updated systems, and strong tenant appeal. Currently yields a 7% cap rate. _____________________________________________________________________________________________________________________ Agent Remarks:
Interior Features
- Above Grade Finished Area: 3,050 SqFt
- Above Grade Unfinished Area: 196 SqFt
- Appliances Included: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
- Basement: Full, Partially Finished
- Below Grade Finished Area: 940 SqFt
- Below Grade Unfinished Area: 820 SqFt
- Building Area Total: 5,006 SqFt
- Cooling: Central Air
- Electric: Circuit Breakers
- Foundation: Block
- Heating: Forced Air
- Living Area: 3,990 SqFt
Exterior Features
- Construction: Wood Siding
- Lot Size: 1.27 Acres
- Parking: Asphalt, Driveway, Gravel
- Patio Features: Enclosed, Open, Porch
- Sewer: Septic Tank
- Water Source: Drilled Well
Property Details
- 2025 Taxes: $3,024
- County: Bayfield
- Electric Expense: $240
- InsuranceExpense: $2,817
- Maintenance Expense: $2,328
- Number of Units: 4
- Possession: Close of Escrow, Subject To Tenant Rights
- Property Subtype: Quadruplex
- School District: Drummond Area
- Status: Active
- Township: Town of Cable
- Unit Number: 1-4
- Year Built: 1970
- Zoning: Commercial
- Listing Office: McKinney Realty, LLC
- Last Update: September 25th @ 8:53 AM
Units
Unit #1 | $1,250
Bedrooms: 2 | Bathrooms: 1
1,240 SqFt
Upstairs Unit, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
Unit #2 | $1,150
Bedrooms: 2 | Bathrooms: 1
990 SqFt
Main Floor Unit, Dishwasher, Oven/Range, Refrigerator
Unit #3 | $1,000
Bedrooms: 1 | Bathrooms: 1
820 SqFt
Main Floor Unit, Dishwasher, Oven/Range, Refrigerator
Unit #4 | $850
Bedrooms: 1 | Bathrooms: 1
940 SqFt
Lower Level Unit, Oven/Range, Refrigerator
