Listed by Adam Skibicki • FIRST WEBER (homeinfo@firstweber.com).
For sale
$289,900
Est. $2,063/mo —
6
bd
•
3 ba
•
—
sq ft
3016/3018 Rice St, Stevens Point, WI 54481
About this home
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, ,24 hour notice required.
This district is established to provide a medium density, mixed residential district intended to provide a transition between lower density detached housing areas and more intense non-residential land usage consistent with the City's Comprehensive Plan.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Fire house
Police station
Recreation
Death related/funeral home
Agriculture-Cropland
Cemetery
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 96° expected this year, 13 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Stevens Point, WI • 54481
Average low and high temperatures (°F)
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62
43
45
31
29
15
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 3016/3018 Rice St
$289,491
$409 under list price of $290K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $215K to $320K.