Remarks

Investment Property Listing: Versatile Multi-Unit Lakeside Investment

This lakeside investment property features a diverse mix of units, making it an excellent opportunity for generating rental income. Here’s what the property includes:

Efficiency Units:
-4 Efficiency Units: Each efficiency unit offers a single room with a private bath, equipped with a small kitchen sink, refrigerator, and microwave.
-Lake Views: Two of these units provide beautiful lake views. These bathrooms, which are not remodeled, feature a tub and shower combination with a linen closet. Each efficiency is approximately 275 square feet.

Studio Unit:
-Spacious Studio: The studio unit includes a combined living room and bedroom area, a bathroom with a shower, and a dining kitchen combo with a large pantry area that houses the AC compressor. This unit offers approximately 500 square feet of living space.

Downstairs Unit:
-Expansive Living Space:The downstairs unit spans approximately 1,500 square feet and includes two bedrooms, one bathroom with a shower, and a kitchen outfitted with an electric stove and refrigerator.
-Living & Entertainment: The large living room features built-in cabinets, and there is an additional game room area, serving as an extension to the living space.
-Private Outdoor Space: The unit is cooled by three window AC units and includes a private deck overlooking the lake, providing a perfect spot to relax and enjoy the serene views.

This property’s blend of efficiency units, a studio, and a spacious downstairs unit offers a variety of living arrangements, catering to different tenant needs while maximizing rental potential. The lakeside setting adds to the property's appeal, making it an attractive investment option.
Investment Property Listing: Versatile Multi-Unit Lakeside Investment

This lakeside investment property features a diverse mix of units, making it an excellent opportunity for generating rental income. Here’s what the property includes:

Efficiency Units:
-4 Efficiency Units: Each efficiency unit offers a single room with a private bath, equipped with a small kitchen sink, refrigerator, and microwave.
-Lake Views: Two of these units provide beautiful lake views. These bathrooms feature a tub and shower combination with a linen closet. Each efficiency is approximately 275 square feet.

Studio Unit:
-Spacious Studio: The studio unit includes a combined living room and bedroom area, a bathroom with a shower, and a dining kitchen combo with a large pantry area that houses the AC compressor. This unit offers approximately 500 square feet of living space.

Downstairs Unit:
-Expansive Living Space:The downstairs unit spans approximately 1,500 square feet and includes two bedrooms, one bathroom with a shower, and a kitchen outfitted with an electric stove and refrigerator.
-Living & Entertainment: The large living room features built-in cabinets, and there is an additional game room area, serving as an extension to the living space.
-Private Outdoor Space: The unit is cooled by three window AC units and includes a private deck overlooking the lake, providing a perfect spot to relax and enjoy the serene views.

This property’s blend of efficiency units, a studio, and a spacious downstairs unit offers a variety of living arrangements, catering to different tenant needs while maximizing rental potential. The lakeside setting adds to the property's appeal, making it an attractive investment option.

Details

MLS#: P4931767
Price: $775,000

Style: Hotel/Motel
Sq Ft: 3100
Year Built: 1954

County: Polk
Subdivision: MRS F W INMANNS SUB
Tax Fee: 1824