1635 Kern Avenue Avenue Unit 1-11, Rice Lake, WI 54868
- $1,025,000
- 8,500
- SqFt
Listing courtesy of Eau Claire Realty LLC. Selling Office: .
- Sold Price
- $1,025,000
- List Price
- $1,050,000
- Closing Date
- Oct 31, 2025
- MLS#
- 1594737
- Status
- CLOSED
- Year Built
- 1996
- County
- Barron
- Municipality
- Rice Lake
- TotalSqFt
- 8,500
- Acres
- 1.43
Property Description
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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Additional Information
- TotalTaxes
- $14,342
- Interior Features
- Circuit Breakers
- Sqft Range
- 5001 or more
- Appliances
- Dryer, Range/Oven, Refrigerator, Washer
- Basement
- None / Slab, Poured Concrete
- Exterior
- Vinyl
- Outbuildings
- Other
- School District
- Rice Lake
- Courtesy Of
- Eau Claire Realty LLC
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