539 Lake Street 1-2, Eau Claire, WI 54703 $259,900

539 Lake Street 1-2, Eau Claire 2 Units $259,900 Active

  • Multi-Family
  • Status: Active
  • Total Number of Units: 2
  • Est. Year Built: 1870
  • Estimated Age: 21+ Years
  • Estimated Square Feet: 2001-2500
  • Square Feet: 2288
  • Est. Acreage: < 1/2
  • Est. Lot Size: 0 x 0 x
  • School District: Eau Claire Area
  • County: Eau Claire
  • Property Taxes: $3,743
  • Property Tax Year: 2024
  • MLS#: 1590154
  • Listing Company: Donnellan Real Estate
  • Price/SqFt: $113
  • Zip Code: 54703

539 Lake Street 1-2, Eau Claire, WI 54703 - 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.

Additional Features
  • Other-See Remarks, Partial
  • Heating/Cooling: Hot Water, Wall A/C Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Appliances Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Misc Interior: Circuit Breakers
  • Duplex
  • Construction Type: E
  • Waterfront/Access: N
  • Lot Description: 0 x 0 x
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1590154 Active Apr 4 2025 1:09PM $259,900 19

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    $3,287 per month
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    Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
    All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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