Property 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 Features
- Above Grade Finished Area: 2,728 SqFt
- Appliances Included: Electric Water Heater, Other, Oven, Range, Refrigerator, See Remarks
- Basement: Full
- Below Grade Unfinished Area: 1,364 SqFt
- Building Area Total: 4,092 SqFt
- Electric: Circuit Breakers
- Foundation: Stone
- Heating: Baseboard
- Living Area: 2,728 SqFt
Exterior Features
- Construction: Composite Siding
- Lot Size: 0.12 Acres
- Parking: Driveway, Gravel
- Patio Features: Deck
- Sewer: Public Sewer
- Water Source: Public
Property Details
- 2025 Taxes: $2,962
- County: Barron
- Number of Units: 4
- Possession: Subject To Tenant Rights
- Property Subtype: Quadruplex
- School District: Rice Lake Area
- Status: Active
- Township: City of Rice Lake
- Unit Number: 1-4
- Year Built: 1940
- Zoning: Commercial
- Listing Office: Real Estate Solutions
- Last Update: June 15th @ 9:53 AM
Units
Unit #1 | $950
Bedrooms: 2 | Bathrooms: 1
884 SqFt
Oven/Range, Refrigerator
Unit #2 | $950
Bedrooms: 2 | Bathrooms: 1
884 SqFt
Oven/Range, Refrigerator
Unit #3 | $750
Bedrooms: 1 | Bathrooms: 1
884 SqFt
Oven/Range, Refrigerator
Unit #4 | $750
Bedrooms: 1 | Bathrooms: 1
480 SqFt
Oven/Range, Refrigerator
