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For Sale:  Bayfield MLS# 7021566

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$365,000
/mo Edit
Multi-family:  2 Stories
2 br • 2 ba • Built 1900
1,800 sqft • 0.33 acres
MLS# 7021566
763-576-8286
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    Property Description

    This approximately 1, 800 square foot, two-bedroom, two-bathroom duplex home is situated in Bayfield, near the shores of Lake Superior. The main floor features one bedroom and one bathroom, while the upstairs offers one additional bedrooms and one bathroom, providing flexible living arrangements. The spacious yard offers ample outdoor space, and the attached one-car garage provides some storage opportunities. This historic home has the potential to serve as an investment property, with the ability to live in one unit and generate rental income from the other. Alternatively, it could be converted back into a single-family residence, offering a unique opportunity to own a charming property in a desirable lakeside location. The full basement provides additional storage space. The duplex design allows for creative living solutions, making this an ideal property for those seeking flexibility, rental income potential, or a chance to own a piece of local history. The home is conveniently located near downtown and all the local amenities.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $365,000
    Price per sq ft: $203
    Property Type: Multi-family
    City: Bayfield
    Garage Spaces: 0
    County: Bayfield
    Year Built: 1900
    State: WI
    Property Style: 2 Stories
    Zip Code: 54814
    Subdivision Name: City/Bayfield

    Interior

    Bedrooms: 2
    Bathrooms: 2
    Finished Area: 1,800 ft2
    Living Area: 1,800 ft2
    Refrigerators: Two
    Basement Details:
    • Full
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 900 ft2
    Foundation Dimensions: 25' x 36'
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Hot Water
    • Radiant
    Exterior Material:
    • Frame
    • Stone
    Roof Details: Metal

    Rooms

    Laundry:
    • In Basement
    • In Unit

    Lake & Waterfront

    Waterfront View: Lake

    Lot & Land

    Acres: 0.33
    Geolocation: 46.810217, -90.820096
    Lot Dimensions: 120 x 120

    Schools

    School District: 1399
    District Phone: 7157793201

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,942
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,942

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.