4124 & 4126 Luzerne Rd Rice Lake, MN 55803

Features

• Price/sqft: $148
• Total Units: 2
• Total Rooms: 10
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
• Heating: Forced Air Heating

Facts

• Year Built: 01/01/2005
• Property ID: 877706523
• MLS Number: 6113217
• Property Type: Multi-family (2-4 units)
• County: SAINT LOUIS
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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 its 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.