Rice Lake, WI 54868
MLS# 1592624 $395,000.00
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. Both units currently rented. Left unit vacant on 08/01/2025.
| Style | Duplex |
|---|---|
| Type | ResidentialIncome |
| Zoning | Residential,Residential-Duplex,Shoreline |
| Year Built | 2007 |
| School Dist | Rice Lake Area |
| County | Barron |
| Lot Size | 370 x 150 x |
|---|---|
| Acreage | 1.19 acres |
| Above Grd | 1,816 sq ft |
| Below Grd | 1,426 sq ft |
| Tax $ / Year | $4,339 / 2024 |
Includes
Dishwasher,Microwave,Oven,Range,Refrigerator,WaterSoftener
Excludes
Sellers Personal,Tenants Personal
| Basement | Daylight,Full,PartiallyFinished |
|---|---|
| Cooling | WallUnits,WallWindowUnits |
| Electric | CircuitBreakers |
| Exterior Features | VinylSiding |
| Heating | Baseboard,RadiantFloor,Radiant |
| Sewer Service | SepticTank |
| Water Service | DrilledWell |
| Parking Lot | Concrete,Driveway,Gravel |
| Laundry | N |
| # | Beds | Baths (F/P) | Rent | Lease | Garage | Remarks |
|---|---|---|---|---|---|---|
| 22922437 | 3 | 2 / 0 | $1,700 | Mthly | 2 | Leased @ $1,700/mo. Month to Month. Moving out... |
| 22922438 | 3 | 2 / 0 | $2,000 | Mthly | 2 | Leased @ $2,000/mo. Month to Month.,Dishwasher... |
Listing Agency
Keller Williams Realty Diversified
Directions
From Main Street (Hwy SS) in Rice Lake, WI: Turn Right (East) Onto E. Orchard Beach Lane & straight (2nd right) through the round about. After a short drive, turn right onto 21 1/2 Street. This turns into 18 1/2 Ave. Property will be on the right.
