Contingent
  • Price cut: $45K (9/24)
    $1,050,000

    1635 Kern Avenue #1-11, Rice Lake, WI 54868

    --beds
    --baths
    --sqft
    : 
    Multi Family, Apartment
    Built in 1996
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
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