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539 Lake Street Eau Claire, WI
$259,900 | MLS #1590154
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Property Description:
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.
Includes:
Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Washer
Excludes:
Tenants Personal
Directions:
South Farwell to Left on Lake Street
LISTING OFFICE:
Donnellan Real Estate
Property Details
County
Eau Claire
School District
Eau Claire Area
Above Grade
2,288 sq. ft.
Below Grade
0 sq. ft.
Year Built
1870
Age
155 yrs old
Style
Duplex
Property Type
ResidentialIncome
Lot Size
0 x 0 x
Acreage
0.191 acres
Property Taxes
$3,743.21
Tax Year
2024
Features
Basement
Partial
Cooling
WindowUnits
Electric
CircuitBreakers
Exterior
MetalSiding
Heating
HotWater
Sewer
PublicSewer
Water
Public
Zoning
Residential-Duplex
Available Units
Unit
Beds
Baths
Rent
Sq. Ft.
22607683
3
1 / 0
$2,423.00
—
22607684
2
1 / 0
—
—
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NW WI MLS. Real estate listings held by brokerage firms other than Donnellan Real Estate are marked with the NW WI MLS icon. The information, provided by seller, listing broker and other parties, may not have been verified.
DISCLAIMER:
This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This data is updated every business day. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
This data is current as of: Sunday, April 13th, 2025
Copyright © 2025 Northwestern Wisconsin MLS Corporation. All rights reserved.
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