Segal Goldman Realty Group
Listing: #231672626

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1635 Kern AVENUE #1-11, RICE LAKE, WI 54868
$1,050,000 Built in 1996
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