Imagine owning a property with a robust 13% cap rate and a gross income multiplier of 6. Consisting of 7 occupied rental units and a re-tooled public laundromat. With some rents unchanged for years, there exists a substantial opportunity to enhance earnings through thoughtful updates and strategic management. The convenience of location cannot be overstated, with residents and customers enjoying easy access to the bank, dollar store, post office, and gas station, all within walking distance. Moreover, its proximity to Hayward and Ladysmith?just 20 minutes away?places this property in an enviable position, catering to both the local community and visitors to the area.
Radisson is located in Wisconsin. Radisson, Wisconsin has a population of 342. Radisson is more family-centric than the surrounding county with 21.57% of the households containing married families with children. The county average for households married with children is 18.91%.
The median household income in Radisson, Wisconsin is $44,531. The median household income for the surrounding county is $43,565 compared to the national median of $57,652. The median age of people living in Radisson is 57.6 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 0.6 degrees. The average rainfall is approximately 32.5 inches per year, with 54.8 inches of snow per year.