12181222 Lake Shore Dr W DR, Ashland, WI 54806 (MLS # 6128262)
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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 intelligent investor"”secure income now and position yourself for long-term growth.
| DAYS ON MARKET | 13 | LAST UPDATED | 10/1/2026 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | LSAR |
| COUNTY | Ashland County | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | LSAR |
|---|---|
| BASEMENT | Partial, Yes |
| HEAT | Natural Gas |
| LOT | 0.34 acre(s) |
| LOT DIMENSIONS | 100X150 |
| PARKING | Detached |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with Porter Realty LLC
Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice.
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