Off Market House For Sale

Off-Market Investment Opportunity – Rhinelander, WI 1823 River St – 3 Bed / 1.5 Bath – ~1,400 Sq Ft – 4 Acres – Detached Garage ✅ Under contract – Assignable contract ✅ Free & clear title ✅ Newer furnace + point-driven well ✅ 4 acres with privacy + detached 1-car garage ✅ Easy access to downtown Rhinelander ⸻ 🚧 Rehab Notes • Floors need to be ripped up and replaced (linoleum over hardwood). • Interior paint needed throughout. • Full bathroom remodel required. • Moisture issues in basement (likely solved with gutters + grading). • Front deck should be removed. • Back side of building needs partial demo/repair. ⸻ 📊 Comparable Sales (River St Corridor) • 1327 River St – 3 bed / 1.5 bath – 1,219 sq ft – Sold $218,000 (June 2025) • 1831 River St – 4 bed / 2 bath – 1,636 sq ft – Auction estimate $244,900 • 1530 River St – 4 bed / 2 bath – 3,200 sq ft, 4 acres waterfront – Listed $524,000 ⸻ 💰 Investor Play • ARV (After Repair Value): ~$220K+ based on nearby comps • Exit Options: • Flip for profit • Buy & Hold (rental demand in Rhinelander is strong) • Novation/list retail after light rehab ⸻ 📍 Location • Just minutes from Rhinelander’s downtown and shopping. • Quiet stretch of River St with acreage and garage bonus. ⸻ 📞 Next Steps This is an off-market deal. First come, first served. • Cash buyers only – proof of funds required. • Property sold as-is, where-is. 👉 Contact me today to walk the property or secure the assignment. PROPERTY NOT VACANT. DO NOT WALK PROPERTY

Condition

Used (normal wear)