539 Lake Street

$249,900 – Eau Claire, WI

MLS#: 1590154

Active

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.

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County:	Eau Claire
School:	Eau Claire Area
Year Built:	1870
Age:	155 Years

Type:	Duplex
Lot Size:	0 x 0
Bldg Size:	2720
Acres:	0.19
Taxes:	$3,743
Tax Year:	2024

Property Features

Basement: Partial
Cooling: Window Units
Electric: Circuit Breakers
Fireplace: N
Foundation: Other, See Remarks
Heating: Hot Water
Sewer Service: Public Sewer

Includes
Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer

Excludes
Tenants Personal

Directions
South Farwell to Left on Lake Street

Legal
Lot 10 BLK 40 ADIN Randalls 1st ADD

Listing Agent
David Donnellan

Listing Agency
Donnellan Real Estate

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