Description
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 amenities—all 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!
Interior Details
- Above Grade Finished Area2,728 SqFt
- Appliances IncludedElectric Water Heater, Other, Oven, Range, Refrigerator, See Remarks
- BasementFull
- Below Grade Unfinished Area1,364 SqFt
- Building Area Total4,092 SqFt
- ElectricCircuit Breakers
- FoundationStone
- HeatingBaseboard
- Living Area2,728 SqFt
Exterior Details
- ConstructionComposite Siding
- Lot Size0.12 Acres
- ParkingDriveway, Gravel
- Patio FeaturesDeck
- SewerPublic Sewer
- Water SourcePublic
Property Details
- 2025 Taxes$2,962
- CountyBarron
- Number of Units4
- PossessionSubject To Tenant Rights
- Property SubtypeQuadruplex
- School DistrictRice Lake Area
- StatusActive
- TownshipCity of Rice Lake
- Unit Number1-4
- Year Built1940
- ZoningCommercial
Ready to Take a Look?
Just give us a call and we would be happy to set up a showing!
Call (715) 318-5141 Today!
