Great investment opportunity with this 11-unit apartment complex featuring 6 two-bedroom units and 5 one-bedroom units, each including a 1-car detached garage. Tenants enjoy access to a community gathering space as they enter the building along with a common laundry area offering 2 coin-operated washers and 2 dryers, providing additional income. Conveniently located close to schools, dining, and shopping, this property is currently producing $10,095 per month, with strong rental history. Coin laundry brings in approximately $2,000 per year. NEW roof on all three buildings September 2025.
Contingent
Price cut: $45K (9/24)
$1,050,000
1635 Kern Avenue #1-11, Rice Lake, WI 54868
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Est.:
Multi Family, Apartment
Built in 1996
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$-- Zestimate®
$--/sqft
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What's special
- 48 days |
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