42785 US Highway 63

KEY DETAILS

Property Type

Residential Income

Style

Quadruplex

Listing Status

Active

Purchase Type

For Sale

Square Footage

3,990 sqft

MLS Listing ID

1604641

Year Built

1970

Annual Tax Amount

$3,025

Tax Year

2025

Lot Size

1.270 Acres

Acres

1.27

PROPERTY DESCRIPTION

Located just south of Cable a popular area for outdoor recreation and convenient to employment opportunities in Hayward is this well-maintained four-unit multi-family property with a solid rental history. Features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath unit. The upper level two bedroom would make a great owner's unit for year-round or weekend use, featuring a large 3-season porch with westerly views overlooking a scenic back yard and woodline. The lower level also offers a carpeted storage area, multi-use space for the owner. Three units were newly completed in 2023, and the fourth was updated at the same time. All work has been done—modern finishes, updated systems, and strong tenant appeal. Currently yields a 7% cap rate. _____________________________________________________________________________________________________________________ Agent Remarks:

Location

State

WI

County

Bayfield

Township

Town of Cable

Directions

1 mile south of Cable on US Highway 63

Interior

Heating / Cooling

Forced Air

Cooling

Central Air

Basement

Full, Partially Finished

Has Basement

Yes

Fireplace

No

Inclusions

Appliances

Dryer, Dishwasher, Oven, Range, Refrigerator, Washer

Exclusions

Tenants Personal

Exterior

Exterior

Wood Siding

Patio

Enclosed, Porch

Building

Architectural Style

Quadruplex

Year Built

1970

Total Sq Ft

3,990 sqft

Water / Waste

Septic Tank

Utilities

Circuit Breakers

Lot

Acreage

1.27 acres

Association

Unit Number

1-4

Schools

School District

Drummond Area

Taxes & Assessment

Annual Taxes

$3,025

Tax Year

2025