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$469,900
/mo Edit
Multi-family:  Duplex Side by Side
Built 2007
3,242 sqft • 1.19 acres
Rice Lake Area schools
MLS# 6641707
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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! Donâ??t miss your opportunity to grow or start your real estate investments with this Rental-ready duplex.

    Listing

    Contingency: None
    Price per sq ft: $145
    City: Rice Lake
    County: Barron
    State: WI
    Property Style: Duplex Side by Side
    Zip Code: 54868
    Subdivision Name: Certified Surv Map 259

    Interior

    Living Area: 3,242 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Daylight/Lookout Windows
    • Full
    • Partially Finished

    Exterior

    Stories: One
    Garage Spaces: 4
    Garage Dimensions: 26x44
    Garage Size: 1,150 ft2
    Foundation Size: 1,816 ft2
    Foundation Dimensions: 32x76
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Radiant
    • Radiant Floor
    Parking Features:
    • Attached Garage
    • Gravel
    Exterior Material: Vinyl Siding

    Lot & Land

    Acres: 1.19
    Geolocation: 45.47017, -91.705298
    Lot Dimensions: 370 x 150 x

    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: None
    Annual Gross Expense: $6,000
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $420

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $4,374
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,374

    Income

    Annual Gross Income: $41,700

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Electric
    Owner Occupied: No
    Sewer System: Tank with Drainage Field
    Water System:
    • Drilled
    • Well

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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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.