1218 & 1222 Lake Shore Dr W, Ashland, WI 54806

Ashland
Local realty services provided by:Better Homes and Gardens Real Estate Power Realty
Listed by: kevin porter
Office: porter realty llc.
MLS#:6124347
Source:Metro MLS
1218 & 1222 Lake Shore Dr W,Ashland, WI 54806
$400,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$400,000

About this home

1222 & 1218 Lakeshore Drive ? Two Income-Producing Homes with Exceptional Potential Two well-performing rental properties are offered together for an unbeatable value. The eastern property (1218 Lakeshore Drive) is a freestanding 4-bedroom home with a solid basement and foundation, currently rented for $1,100/month with a consistent rental history. The western property (1222 Lakeshore Drive) has been converted into a triplex, also showing strong, steady income and long-term tenancy. Both properties are professionally managed, and detailed income statements are available upon request. Combined, these four rental units currently generate over $3,800.00 per month in income. With multiple curb cuts and a prime corner location at Beaser Avenue and Lakeshore Drive, this site also holds excellent future commercial potential. Enjoy great lake views, a proven income stream, and a property that pays for itself while offering strong appreciation potential. This is the opportunity for the...

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Home facts

  • Year built:1950
  • Listing ID #:6124347
  • Added:50 day(s) ago
  • Updated:May 24, 2026 at 03:07 PM

Structure and exterior

  • Year built:1950
  • Lot area:0.34 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$400,000
  • Tax amount:$3,653 (2024)
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