3016/3018 RICE STREET, Stevens Point, WI 54481

$289,900

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List Price
$289,900
Days on Market
1
Status
ACTIVE
MLS#
22605533
Style
2 Story
Year Built
1969

Property Description

Excellent Investment Opportunity in Stevens Point! Whether you're looking to start your real estate investment portfolio, expand your existing rental holdings, or offset your mortgage by living in one unit while renting out the other, this side-by-side duplex offers great income-producing potential! Featuring two spacious 3-bedroom, 1.5-bathroom units, this property offers a desirable rental layout with a total of 6 bedrooms and 4 bathrooms. With tenants responsible for utilities, this property offers an added advantage for investors by helping keep operating expenses down and maximizing potential cash flow. Each unit features a main-level living room, kitchen, half bath, and large pantry, while the upper level includes three bedrooms and a full bathroom. Both units also have their own separate full basements with washer and dryer hookups, utilities, and additional storage space. A detached two-stall garage adds convenience and value for tenants, while the roof replacement in 2019 is an added benefit for future ownership. With two rental units under one roof, tenant-paid utilities, and functional layouts, this property provides an excellent opportunity to generate rental income and build long-term equity. Whether you're a first-time investor or a seasoned landlord looking to grow your portfolio, 3016/3018 Rice Street is an opportunity worth exploring!

Additional Information

Area
Stevens Point
Garage Spaces
1
Heating
Forced Air
Roof
Shingle
Water
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Courtesy of ADAM SKIBICKI and FIRST WEBER

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