Eau Claire, WI 54703,539 Lake Street #1-2
Eau Claire, WI 54703,539 Lake Street #1-2,Video Tour
Eau Claire, WI 54703,539 Lake Street #1-2
Eau Claire, WI 54703,539 Lake Street #1-2
Eau Claire, WI 54703,539 Lake Street #1-2
Eau Claire, WI 54703,539 Lake Street #1-2
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$ 249,900
Est. payment | /mo

2,288 SqFt


$ 249,900
Est. payment | /mo

2,288 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $109

MLS Listing ID 1590154

Year Built 1870

Annual Tax Amount $3,743

Tax Year 2024

Lot Size 8,315 Sqft

Acres 0.1909

Property Description

This student rental duplex is located in a prime location near campus and offers a strong rental history, making it an excellent investment opportunity. Both units feature updated kitchens and bathrooms and are currently leased to one group of students who rent the entire property. The property generates a base rent of $2,250 per month, with additional income from water and landlord liability fees bringing the total monthly income to $2,422.50. The lease is secured through May of 2026, providing stable cash flow. A detached storage building/garage is currently used by the property manager but offers potential for future rental income or additional storage space.

Location

State WI

County Eau Claire

Zoning Residential-Duplex

Rooms

Basement Partial, Other-See Remarks

Interior

Interior Features Circuit Breakers

Heating Natural Gas

Cooling Wall A/C, Hot Water

Inclusions Included:Dishwasher, Included:Dryer, Included:Microwave, Included:Oven/Range, Included:Refrigerator, Included:Washer

Equipment Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Exterior

Exterior Feature Aluminum/Steel

Building

Dwelling Type Duplex

Sewer Municipal Sewer, Municipal Water

New Construction N

Schools

School District Eau Claire

Others

Virtual Tour https://my.matterport.com/show/?m=S8GPxDCSbyk

Listed by Donnellan Real Estate
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"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(608) 218-4460

info@commercialwisconsin.com

5320 Monona Drive, Monona, WI, 53716, United States

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539 Lake Street #1-2