Bought with EXP Realty LLC
$525,000
$579,900
9.5%For more information regarding the value of a property, please contact us for a free consultation.
12647 STATE HIGHWAY 42 Ellison Bay, WI 54210
3,302 SqFt
Key Details
Sold Price $525,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,302 sqft
Price per Sqft $158
Municipality LIBERTY GROVE
MLS Listing ID 50326640
Sold Date 10/19/26
Year Built 1984
Annual Tax Amount $3,436
Lot Size 0.520 Acres
Property Description
Exceptional investment opportunity at the northern tip of Door County Peninsula in Gills Rock! This turnkey, 4-unit short-term rental property boasts a proven track record with $79,000 in gross revenue for 2025. Designed for ultimate flexibility, the units can be rented individually or together as a whole, effortlessly accommodating varying guest counts across a total of 5 bedrooms and 5 full baths. The prime location is a water-lover's dream, situated just 500 feet from Mariners Park at Gills Rock only minutes from the Garret Bay launch for non-motorized watercraft. Offering incredible versatility, strong numbers, and an unbeatable location, this is the addition you portfolio has been waiting for. Complete list of local amenities and rental history available upon request.
Location
State WI
County Door
Area Door County
Zoning Commercial
Rooms
Basement Crawl Space, Full, Poured Concrete
Interior
Heating Electric, Lp Gas
Cooling Central Air, Forced Air
Building
Lot Description Level
Sewer Well, Private Septic System, Mound System
Structure Type Vinyl
New Construction N
Schools
School District Gibraltar Area
Others
Special Listing Condition Arms Length
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