Unique opportunity to own a true LAKEFRONT 6 unit income property! With 100 feet of frontage on Lake Easy and a large one acre lot, this 4660+ square foot Multi-Family property has something to offer for everyone. Located in the quaint village of Highland Park, this location features a community park, walkable streets for afternoon or morning strolls, old growth and mature landscaping everywhere with that nostalgic feeling of a true neighborhood. Access to Lake Easy provides both fishing and recreation with its sandy bottom and panoramic views. This one-of-a-kind property is a must see to appreciate. All units have leases in place with a total monthly income generating approx $6895. There are two 2 bedroom/2 bath downstairs units, both lakefront; two upstairs 1 bedroom/1 bath units, both lakefront; and 2 studio units, with no lakefront views. Most units have been recently updated, with only 1 unit needing to be refreshed when there is a tenant turnover (which is rare!)
lease term
12 months4,264 Sq Ft
0.99 Private Acres Lot Size
Investment
$10,168 Annual Tax
Built in 1923
MLS/Listing ID K4902471
6 Units
Refrigerator
Washer
Lot - Gentle Sloping
Lot - In County
Lot - Landscaped
Deck
Patio
Porch
Shingle
Water View
Lake Front
Association - Park
Association - Playground
Community - Golf
Community - Park
Community - Playground
Community - Sidewalks
Construction - Stucco
Construction - Wood Frame
Cooling - Wall/window unit(s)
Balcony
Ceramic Tile
Hardwood
Slab
Heating - Baseboard
Heating - Electric
Ceiling Fans
Living Dining Room
Split Bedrooms
Common Area
Inside
Laundry Room
Range Hood
Range
Electric Water Heater
Dryer
Carpet
Storage
Rain Gutters
Pets Allowed
TOTAL MONTHLY COST
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