Active

$775,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRP4931767
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
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.
Financial Considerations
Price:
$775,000
HOA Fee:
N/A
Tax Amount:
$1824
Price per SqFt:
$250
Tax Legal Description:
BEG SW COR OF LOT 7 OF MRS F W INMANS SUB ON W SIDE OF HY RUN S ALONG HY 32 FT W TO LK NELY ALONG LK TO PT W OF BEG E TO BEG LESS R/W FOR SR 555 & LAKE SPRING COURT PB 31 PG 52 NORTH 8 FEET OF LOT 18 LESS R/W FOR SR 555
Exterior Features
Lot Size:
5297
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Hotel/Motel
Style:
N/A
Year Built:
1954
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1515 6TH ST NW
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