4124 & 4126 Luzerne Rd Rice Lake, MN 55803

Multi-Family (2-4 Units) MLS #: 6113217 Courtesy Of Real Living Messina & Associates Inc.

$485,000

6 beds | 4 baths | 3,136 sq ft
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Est. Property Tax: $6,595
Estimated monthly payments: $2,670/mo.* (recalculate)

Property InformationDescription

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.

Features

  • Age: 11-20 Years Old
  • Amenities: Deck, Patio, Basement
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style: Other
  • Exterior Type: Vinyl Siding
  • Heating Fuel: Natural Gas
  • Heating System: Forced Air
  • Lot Size: 1.91 Acres
  • Roof Type: Asphalt
  • Rooms: Basement, Bedroom, Full Bath, Three-Quarter Bath

MAP & DIRECTIONS

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4124 & 4126 Luzerne Rd, Rice Lake, MN 55803
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School Information

4124 & 4126 Luzerne Rd, Rice Lake, MN 55803

Elementary School
Grades PK-5 | Public School
HOMECROFT ELEMENTARY SCHOOL
Duluth, MN 55803
4784 Howard Gnesen Rd
218.­336.8865
Distance: 0.5 mi
School Rating
A-
Student:Teacher Ratio
18:1
Total Students
351
Middle School
Grades 6-8 | Public School
ORDEAN EAST MIDDLE SCHOOL
Duluth, MN 55812
2900 E 4th St
218.­336.8940
Distance: 3.9 mi
School Rating
A-
Student:Teacher Ratio
27:1
Total Students
936
High School
Grades 9-12 | Public School
EAST HIGH SCHOOL
Duluth, MN 55804
301 N 40th Ave E
218.­336.8845
Distance: 4.3 mi
School Rating
B+
Student:Teacher Ratio
29:1
Total Students
1517
Other Nearby Schools Distance Type Grades School Rating
Many Rivers Montessori 1.7 mi Private PK-8
North Star Academy 2.7 mi Public KG-8 D+
Spirit Of The Lake Community School 3.0 mi Private KG-6
Montessori School Of Duluth 3.0 mi Private PK-3
Arrowhead Academy 3.3 mi Public 4-12
Lowell Elementary School 3.4 mi Public KG-5 B+
Lowell Elementary Spanish Immersion 3.4 mi Public KG-5
Chester Creek Academy 3.5 mi Public KG-12
Stella Maris Academy 4.0 mi Private PK-8
Superior Academy 4.0 mi Public 4-12 F
Congdon Elementary School 4.2 mi Public KG-5 A+
The Marshall School 4.2 mi Private 4-12
Rockridge Academy 4.3 mi Public 4-12 F
Bethany Crisis Shelter 4.3 mi Public KG-12
Myers-wilkins Elementary School 4.3 mi Public PK-5 D
Lakeview Christian Academy 4.5 mi Private PK-12
Stone Ridge Christian School 4.6 mi Private KG-6
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Duluth, MN 55803

Median Age: 41.9
Married: 56%
Number of Households: 7,449
Households with Children: 25.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.