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Turnkey Multifamily Income Property

125 LAKE AVE N Crandon, WI 54520

125 LAKE AVE N, Crandon, WI, 54520
$274,900
For Sale
Under Contract
$274,900

MULTI_FAMILY - Other - Crandon, WI

Property Size6,000 SF
Lot Size0.08 Acres
Price / SF$45.82
Days on Market100

Property Features for 125 LAKE AVE N

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
8
Rooms
Kitchen, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 4, Bathroom 6, Bathroom 7, Bathroom 8, Laundry Room, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 4, Bedroom 2, Basement
Appliances
GasWaterHeater
Standard status
Active Under Contract
APN
211-00693-0000
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
SHAWS 1ST ADD CITY CRANDON N 28' LOT 4 BLK 6 V97 P569
Tax Annual Amount
2865

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Floors in Building
2
Building materials
Frame
Architectural style
Other
Listing Agency HOMELAND REALTY WI LLC
100 W Washington Street P.O. Box 82, CRANDON, WI
Listed by KATHY FLANNERY · License #58808 - 90
Added: Apr 13 Updated: Jul 17 at 9:52 pm Checked: Jul 21 at 1:06 am
MLS# 217382 Listing URL

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey multifamily and mixed-use property offers over 6,000 square feet of space arranged with three studio units and one one-bedroom unit, along with a 1,000-square-foot office space, a hair salon, and three additional bonus rooms. The electric is separated for each unit, supporting independent utility management, and the basement provides storage that can serve tenants or other uses.

Located at 125 Lake Ave N in Crandon, Wisconsin (Forest County), the property’s mix of residential and commercial space is designed to serve both tenant types under one ownership.

With separated electrical services, dedicated unit layouts, and built-in workspace and amenity components alongside the residences, the property presents a consolidated option for income-focused buyers seeking multiple revenue streams within a single building.

Key Highlights

  • Over 6,000 sq ft multifamily and commercial property with 3 studio units and 1 one‑bedroom unit
  • Includes a 1,000 sq ft office space plus a hair salon and three additional bonus rooms
  • Electric service is separated for each unit

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Pioneer Express Publishing House

Suggested Use

Dental Office Electrical Service Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Building Supply Barber Shop Butcher Florist Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Over 6,000 square feet with multiple studio units, a one-bedroom unit, and on-site office and salon space.
Where is this quadplex located?
The property is located at 125 LAKE AVE N Crandon, WI.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Over 6,000 sq ft multifamily and commercial property with 3 studio units and 1 one‑bedroom unit; Includes a 1,000 sq ft office space plus a hair salon and three additional bonus rooms; Electric service is separated for each unit
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