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    4450 Jolin Ln Boulder Junction, WI 54512

    For Sale
    $559,000

    COMMERCIAL - Boulder Junction, WI

    Lot size:
    1.29 Acres
    Days on Market:
    150
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 4450 Jolin Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 4, Bathroom 6, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 2, Bathroom 5, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 1
    Bedrooms
    6
    Bathrooms
    6
    APN
    4-103-12
    Parking features
    Driveway
    Lot size
    1.29 Acres

    Utilities

    Sewer type
    Shared Septic
    Heating system
    Electric (Heating), Natural Gas
    Cooling system
    Window Unit(s)
    Water source
    Well

    Building Details

    Floors in Building
    1
    Number of units
    6
    Flooring type
    Laminate
    Building materials
    Brick, Frame, WoodSiding
    Roof type
    Metal

    Redman Realty Group, LLC (715) 358-0450 [email protected]

    Listing agent LINDA LONG TEAM (715) 543-2544 License #54872 - 90

    Listing date Jul 9, 2025

    MLS# 206130 Listing URL

    Copyright © 2025 Northwoods Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Apartment Building Near Lake

    This remodeled and updated 6-unit apartment building is located on USH 51 in Boulder Junction, Wisconsin. Each of the six apartments features one bedroom, along with newer kitchens, bathrooms, and flooring. The current rental rate is $800 per month. The landlord is responsible for heat and hot water, while tenants pay for electricity. The property encompasses 1.29 acres and includes a walking easement to Upper Gresham Lake. Situated directly on the snowmobile trail, the location is also approximately 10 minutes from downtown Manitowish Waters, the paved bike trails, and Rest Lake Park, which provides access to the Manitowish Waters chain of lakes. This property presents an income and investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Hotel & Motel Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Boulder Junction
    County
    Vilas
    State
    Wisconsin
    Longitude
    -89.74499906
    Latitude
    46.06127206

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    FAQs

    What type of property is this?
    Apartment building - Remodeled 6-unit apartment building with lake access in Boulder Junction.
    Where is this apartment building located?
    The property is located at 4450 Jolin Ln Boulder Junction, WI.
    What is the asking price?
    The asking price for this property is $559,000.
    What are key features of this property?
    This property features: - Remodeled 6-unit apartment building with newer kitchens, bathrooms, and flooring.; - Enjoy walking easement to Upper Gresham Lake.; - Prime location on USH 51 and the snowmobile trail.
    (715) 543-2544
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4450 Jolin Ln Boulder Junction, WI 54512
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