This home, built around 1914, has 'character' and a great location in the city of Park Falls near downtown shops, Hines Park and the North Fork of the Flambeau River! This home is situated on over half an acre on a corner lot and would be an impressive single family home! Over the years it has been converted to a 5 unit income property. The largest unit is located on the main floor, and would work well as owner's quarters. This is a 2 bedroom with formal dining room, spacious living room with fireplace, high ceilings, and original woodwork, wide trim, hardwood floors and master bedroom with fireplace and spacious closet. There are 4 additional rental units, 3 - 1 bedroom and 1 -2 bedroom units. The monthly gross income is $2,830. If you are looking for income property, this is one worth your consideration! Qualified Buyers Only. Notice to tenants a MUST.
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Park Falls is located in Wisconsin. Park Falls, Wisconsin has a population of 2,294. Park Falls is more family-centric than the surrounding county with 23.1% of the households containing married families with children. The county average for households married with children is 20.55%.
The median household income in Park Falls, Wisconsin is $36,250. The median household income for the surrounding county is $45,680 compared to the national median of $57,652. The median age of people living in Park Falls is 48.1 years.
The average high temperature in July is 77 degrees, with an average low temperature in January of 1.6 degrees. The average rainfall is approximately 33.2 inches per year, with 67.2 inches of snow per year.