Expand your rental portfolio or take the first step into real estate investing with this well-located four-unit property in the heart of Rice Lake. The building offers two 2-bedroom units and two 1-bedroom units, each with a private bathroom. Situated just one block off Main Street, tenants will appreciate the convenient access to downtown, grocery stores, schools, shopping, dining, and other everyday amenitiesall within walking distance. Major improvements include a completely rewired electrical system in 2022, along with new siding and roofing following the 2023 hailstorms. The interiors have also been remodeled, making this a strong investment opportunity in a highly convenient location. Don’t miss your chance to add this versatile property to your portfolio!
| MLS # | 1602204 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1940 |
| Days On Site | 79 |
| Listing Provided By | Real Estate Solutions | Casey Watters |
| SQ Feet | 2,728 |
|---|---|
| Basement | Y |
| Units | 4 |
| Zoning | Commercial |
| Acreage | 0.12 |
| Parking Features | Driveway, Gravel |
|---|
| Tax Annual Amount | 2962.86 |
|---|
| State | WI |
|---|---|
| County | Barron |
| City | Rice Lake |
| Zip Code | 54868 |
| Listing VS Median (in 54868) | |
Price: $350,000 low | high Med: $319,750 sqft: 2,728 low | high Med: 2,240 $ / sqft: $128 low | high Med: $156 On site: 79 low | high Med: 163.5 | |
| State | WI |
|---|---|
| County | Barron |
| City | Rice Lake |
| Zip Code | 54868 |
| Listing VS Median (in 54868) | |
Price: $350,000 low | high Med: $319,750 sqft: 2,728 low | high Med: 2,240 $ / sqft: $128 low | high Med: $156 On site: 79 low | high Med: 163.5 | |