652 Pelican St, Rhinelander, WI 54501

City duplex with a detached 4-car garage generating $1,275/month in rents now available in Rhinelander. Renting at $650/month, the 3 bedroom, 1 bath lower unit features a spacious kitchen, formal dining area, large living room space, a full bath with laundry, and direct access to the basement. The 2 bedroom, 1 bath upper rents at $625/month and provides a kitchen & adjoining dining area, living room, and full bath with laundry. Each unit has its own furnace and water heater, as well as separate electric meters. Tenants pay gas & electric and owner pays the water bill. The most recent insurance premium was $639/year. Priced at $82,900 this investment opportunity fits seasoned investors or owner-occupants planning to live in one unit and rent the other.