Listing: #231672626
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1635 Kern AVENUE #1-11, RICE LAKE, WI
54868
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.
Property Type:
Multifamily
List Price:
$1,050,000.00
Units:
8
Area
8500 Sqft
Taxes:
$14,342.00
Tax Year:
2024
Year Built:
1996
Lot Size:
-
Total Units:
-
# Stories:
-
Exterior:
-
Roofing:
-
Garage / Parking:
-
Heating / Cooling:
Wall/Sleeve Air,Baseboard,Hot Water,Wall A/C /
Wall/Sleeve Air,Baseboard,Hot Water,Wall A/C
Water:
N
Listing Office Name:
Eau Claire Realty LLC