4124 & 4126 Luzerne Rd
Rice Lake, MN 55803

  • 3 beds
  • 2 baths
  • 3,136 sqft
  • ~2 acre lot
  • $154 per sqft
  • 2005 build
  • on site

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.

Duluth Area Association of REALTORS logo Listing courtesy of DAAR / Messina & Associates Real Estate

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# 6113217 —

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Sale history

Date Event Source Price % Change
4/18/24
Listed / Active DAAR $485,000

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$485,000

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This multifamily located in Woodland - Pleasantview, Rice Lake, MN 55803 is currently for sale for $485,000. 4124 & 4126 Luzerne Rd is a 3,136 square foot multifamily with 3 beds and 2 baths that has been on Estately for 14 days. 4124 & 4126 Luzerne Rd is in the Woodland - Pleasantview neighborhood of Rice Lake and has a WalkScore® of 6, making it car-dependent. This multifamily is in the attendance area of Homecroft Elementary School, Ordean East Middle School, and Duluth East High School.

Duluth Area Association of REALTORS logo Listing Courtesy of: DAAR and Messina & Associates Real Estate.

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