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For Sale:  Rice Lake MLS# 7063225

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Active NEW!
$369,000
/mo Edit
Multi-family:  Duplex Up and Down
5 br • 2 ba • Built 1945
4,093 sqft • 0.182 acres
Rice Lake Area schools
MLS# 7063225
763-576-8286
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    Property Description

    Rare Multi-Family Opportunity: Converted Church with Triplex Potential. Maximize your portfolio with this newly converted duplex in the heart of Rice Lake. Formerly a church, this property has been reimagined into a massive residential powerhouse featuring over 3.600 square feet of finished living space. Upper level: A sprawling 1, 873 sq. ft. unit boasting 3 bedrooms, 1 bath, and a dramatic open-concept layout with soaring ceilings. With a loft space ready for your creative touch-be it an office, studio, or a third apartment-the possibilities are endless. Lower level: A spacious 1, 800 sq. ft. 2-bedroom, 1-bath unit featuring generous room sizes and a modern feel. Whether you are looking for a high-yield rental or a "house-hack" where you live in one unit and let the other pay your mortgage, this architectural gem is a must-see.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $369,000
    Price per sq ft: $90
    Property Type: Multi-family
    City: Rice Lake
    Garage Spaces: 0
    County: Barron
    Year Built: 1945
    State: WI
    Property Style: Duplex Up and Down
    Zip Code: 54868
    Subdivision Name: City/Rice Lake

    Interior

    Bedrooms: 5
    Bathrooms: 2
    Finished Area: 4,093 ft2
    Living Area: 4,093 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Finished
    • Full

    Exterior

    Stories: One and One Half
    Garage Spaces: 0
    Foundation Size: 1,873 ft2
    Foundation Dimensions: 33x60
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Parking Lot
    • Paved Lot
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    Exterior Material: Frame
    Roof Details: Age 8 Years or Less

    Rooms

    Laundry:
    • In Kitchen
    • In Unit

    Lot & Land

    Acres: 0.182
    Geolocation: 45.489791, -91.731304
    Lot Dimensions: 132 x 60
    Zoning: Residential-Multi-Family

    Schools

    School District: 4802
    District Phone: 7152349007

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of WESTconsin Realty LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.