1.26 Acres in Arbor Vitae, WI - $249,900
Wonderful Commercial Opportunity on Little Spider Lake
Wonderful opportunity on full-recreation Little Spider Lake in Arbor Vitae. This park-like property features a 3 bed/1.5 bath Lake home, plus a duplex! This would make an ideal family retreat that will allow everyone to have their own space. Or enjoy the lake home for dirt cheap by renting out the duplex to offset your cost of ownership. All three units are currently rented on a month-to-month basis and bring in a total of $2000/mo. Separate well and septic systems for the home and duplex. Each unit has its own forced air furnace, laundry, and storage shed. Lake home also has a pellet stove for supplementary heat. The lake front offers 111' of sand bottom frontage - currently has some weeds, but could be cleaned up nicely. Property has typical rental wear and tear, but at this price there is some nice equity building potential here. Did I mention you can walk to one of the area's finest ...
Wonderful opportunity on full-recreation Little Spider Lake in Arbor Vitae. This park-like property features a 3 bed/1.5 bath Lake home, plus a duplex! This would make an ideal family retreat that will allow everyone to have their own space. Or enjoy the lake home for dirt cheap by renting out the duplex to offset your cost of ownership. All three units are currently rented on a month-to-month basis and bring in a total of $2000/mo. Separate well and septic systems for the home and duplex. Each unit has its own forced air furnace, laundry, and storage shed. Lake home also has a pellet stove for supplementary heat. The lake front offers 111' of sand bottom frontage - currently has some weeds, but could be cleaned up nicely. Property has typical rental wear and tear, but at this price there is some nice equity building potential here. Did I mention you can walk to one of the area's finest supper clubs from here? Lots of possibilities and a unique opportunity - don't miss it!
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