2196 18 1/2 Avenue Rice Lake, WI 54868
$395,000
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! Possible option for a assumable loan for a good portion of the purchase at first lien position, at an interest rate lower than market, for qualified buyer. Units are mirror layouts of each other. Don’t miss your opportunity to grow or start your real estate investments with this Rental-ready duplex. Both units currently rented. Left unit vacant on 08/01/2025.
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Rice Lake Area
3
2 Full
1,816 sq. ft.
1,426 sq. ft.
2007
18 yrs old
OneStory
Residential
4 Car
370 x 150 x
1.19 acres
$4,339
2024
Daylight,Full,PartiallyFinished
WallUnits,WallWindowUnits
CircuitBreakers
VinylSiding
Baseboard,RadiantFloor,Radiant
SepticTank
DrilledWell
Residential,Residential-Duplex,Shoreline
Rooms
Size
Level
Bathroom 1
11x5
M
Main
Bathroom 2
11x5
L
Lower
Bedroom 1
12x12
M
Main
Bedroom 2
12x13
L
Lower
Bedroom 3
12x10
L
Lower
Rooms
Size
Level
DiningRoom
11x13
M
Main
FamilyRoom
12x19
L
Lower
Kitchen
12x12
M
Main
Laundry
15x10
L
Lower
LivingRoom
14x15
M
Main
Includes
Dishwasher,Microwave,Oven,Range,Refrigerator,WaterSoftener
Excludes
Sellers Personal,Tenants Personal
Directions
From Main Street (Hwy SS) in Rice Lake, WI: Turn Right (East) Onto E. Orchard Beach Lane & straight (2nd right) through the round about. After a short drive, turn right onto 21 1/2 Street. This turns into 18 1/2 Ave. Property will be on the right.
Listing Agency
Listing courtesy of
Keller Williams Realty Diversified