Courtesy: EXP Realty, LLC
866-848-6990
Rare opportunity to own three separate single family homes on one parcel no shared walls, no shared headaches. Each unit offers 2 bedrooms, 1 bathroom, and approximately 672 sq ft of updated living space, making this an ideal setup for investors or owner-occupants looking to offset their mortgage. All three homes have been extensively updated during current ownership, including new flooring throughout, updated windows and doors (2026), new washer and dryer in each unit, and a new well pump (2026). Property also features a new water filtration system serving the homes. All units are electric for simplified utility management. Strong, consistent income with minimal vacancy. Each unit rents for $1,350/month plus $50/month per pet, generating over $48,000 annually in gross revenue. Situated on 3 acres, the property offers additional space and potential for future expansion or added amenities. Whether you?re looking to expand your portfolio with a low maintenance asset or live in one unit while the others pay your mortgage, this is a clean, income-producing property with built-in upside.
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Balsam Lake is located in Wisconsin. Balsam Lake, Wisconsin has a population of 898. Balsam Lake is more family-centric than the surrounding county with 26.67% of the households containing married families with children. The county average for households married with children is 24.57%.
The median household income in Balsam Lake, Wisconsin is $44,965. The median household income for the surrounding county is $67,878 compared to the national median of $69,021. The median age of people living in Balsam Lake is 39.3 years.
The average high temperature in July is 80.9 degrees, with an average low temperature in January of 2.6 degrees. The average rainfall is approximately 32.5 inches per year, with 48.2 inches of snow per year.
