For Sale: Rice Lake MLS# 6739427
Active
NEW!
$395,000
Multi-family: Duplex Side by Side
Built 2007
3,242 sqft • 1.19 acres
Rice Lake Area schools
MLS# 6739427
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Property Description
Prime investment opportunity! This well-maintained duplex is completely rental-ready, with one unit recently updated while both offer lake views and direct access to Lake Montanis boat landing. This property offers unmatched convenience and recreational appeal, attracting high-demand tenants. Each unit includes a private 2-car garage. Newer roof and siding! Possible option for a assumable loan for a good portion of the purchase at first lien position, at an interest rate lower than market, for qualified buyer. Units are mirror layouts of each other. Don’t miss your opportunity to grow or start your real estate investments with this Rental-ready duplex.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$395,000
Price per sq ft:
$122
Property Type:
Multi-family
City:
Rice Lake
Garage Spaces:
2
County:
Barron
Year Built:
2007
State:
WI
Property Style:
Duplex Side by Side
Zip Code:
54868
Subdivision Name:
Certified Surv Map 259
Interior
Finished Area:
3,242 ft2
Living Area:
3,242 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Full
- Partially Finished
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
24x22
Garage Size:
528 ft2
Foundation Size:
1,816 ft2
Foundation Dimensions:
72x32
Handicap Accessible:
None
Heating System:
- Baseboard
- Radiant Floor
Exterior Material:
Vinyl Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
1.19
Geolocation:
45.47017, -91.705298
Lot Dimensions:
370 x 150
Lot Description:
Many Trees
Schools
School District:
4802
District Phone:
715-234-9007
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$970
Annual Maintenance Expense:
$400
Annual Gross Expense:
$1,800
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$450
Tenant Expenses:
Electricity, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,339
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,339
Income
Annual Gross Income:
$44,400
Units
Total Units:
2
Miscellaneous
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
- Shared Septic
- Tank with Drainage Field
Water System:
- Drilled
- Well
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Listing provided by RMLS,
courtesy of Keller Williams Realty Diversified.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.