Investment opportunity in Chelsea! This spacious 6+ bedroom, 2 full bath property offers tremendous potential as either a large single-family home or duplex. The home features two kitchens, two living areas, formal dining space, main floor laundry, multiple bedrooms on both levels, and a separate upper-level entrance that allows for duplex use. Additional features include an attached 2-car garage, a detached 2-car heated garage with upper-level loft storage, a metal roof installed in 2012, and an LP boiler updated in 2019. The property is ideally located near area lakes, the Chequamegon National Forest, and directly borders the Pine Line Recreation Trail. The home is in need of significant renovation and is being sold as-is. Frozen pipes have resulted in plumbing repairs being needed, the property currently does not have electrical service, and extensive repairs and updates should be anticipated. Basement improvements were completed between 2021 and 2022. This property is best suited for investors, contractors, or buyers seeking a major renovation project. With an after repair value of $245,000 this home is one of the best opportunities to build equity, establish a home with plenty of space and storage, or a cash flowing investment property. Cash or hard money financing only. Seller will not offer owner financing. Schedule your showing today and explore the possibilities this large property has to offer.