Income producer on Little Spider Lake! This parcel has two structures: A seasonal cabin that sits right on the water with two bedrooms and one bath, and an A-Frame-style quadruplex with five four-season finished units and one unfinished unit with a bathroom. There's also a dry boat house! These structures have the potential to earn up to $75,000 in gross revenue. They are perfect weekly or short term rentals and have been grandfathered-in with two separate docks. Centrally located next to Marty's Place Up North in Arbor Vitae on an excellent water sports and fishing lake, this property is ideal for vacationers in the summer and winter seasons located near snow mobile trails. Both structures have newer roofs with the quadruplex featuring a 100-year metal roof and have had the electrical, floors and bathrooms recently updated. This quality rental property should not last long, make an appointment today.
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- property_subtype Single Family Detached
JOHNSON LAKE RENTALS - If you are looking for a place to call your own in the northwoods then you really need to check out this Four Plex on Johnson Lake. At present the property generates $2,275 per month & tenants pay own utilities (which will cover your mortgage and then some!). Rents could...
MLS ID 169827
Listing Agent: Barry Jolin
Courtesy of: Coldwell Banker Mulleady Inc., Realtors
Office Phone: 8004723410
Updated: 18th March, 2018 6:33 PM.
2719 Thunderbird Ln Arbor Vitae, WI