$485,000
Active
20 Days Online
6 Beds4 Baths3,136 SQFT
Active

4124 & 4126 Luzerne Rd Rice Lake, MN 55803

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If you are looking for a high quality property to bring into your investment portfolio, this is the one for you! Pride in investor ownership shines! Each unit features 3 bedrooms and 2 bathrooms and each unit also has it’s own washer and dryer. The upper unit features newer kitchen appliances, a durable linoleum floor in the kitchen and dining space and a carpeted living room. The upper unit enjoys the large deck. The lower unit is accessed from the back of the home and has a nice concrete patio that overlooks the private backyard. Both units have 2 stalls of garage space plus plenty of additional off street parking. The seller will be upgrading the septic to a 6 bedroom septic system prior to closing. Both units are leased until May 31, 2025. This property was a large single family home that was converted into an up/ down duplex. The access to both levels was not completely removed, just sheetrocked up, so you could convert this back into a single family home if desired. Situated in the city of Rice Lake so there is no rental licensing requirement through the city.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountySaint Louis
  • Taxes$6,595
  • HOA/Condo/Coop Fees$0
  • Days on Site20 Days
  • MLS StatusActive
  • MLS ID Number6113217
  • Home Size Source N/A
  • Year Built2005
  • Lot Size1.91 Acres
  • Full Baths4
  • Partial BathsN/A

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Schools

School District
Duluth #709
Elementary School
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Middle School
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High School
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Monthly Payment (Est.)

$2,639
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