aaron@TEAMTIRY.com | cheree@TEAMTIRY.com
MLS# 1590154
539 Lake Street Eau Claire, WI 54703
Property Remarks
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.
Features
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
Additional Features
Basement
Partial
Cooling
WindowUnits
Electric
CircuitBreakers
Exterior
MetalSiding
Heating
HotWater
Sewer
PublicSewer
Tax Year
2024
Water
Public
Zoning
Residential-Duplex
Units
Available Units
Unit
Beds
Baths
Rent
Sq. Ft.
22607683
3
1 / 0
$2,423.00
—
22607684
2
1 / 0
—
—
Directions
South Farwell to Left on Lake Street
Includes
Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Washer
Excludes
Tenants Personal
Listing Agency
Donnellan Real Estate
Buyer Agent Compensation: n/a
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