$799,900
Description
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.
Listed by Jay Myers, .
Property Highlights
- Acres: 0.12
- County: Polk
- Year Built: 1954
- Property Type: Commercial, Hotel/Motel
- MLS #: P4931767
Property Features
| Has View | Yes |
| Lot Size Acres | 0.12 |
| Lot Size Square Feet | 5,297 |
| Waterfront | Yes |
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