Current Price:$1,100,000List Date:7/11/2023Last Modified:1/08/2024
Description
An investors dream. Five year round, fully rented homes nestled in a private cove on Lake Winnecook. Two of the homes are located right on the waters edge. This property includes two 1 BR, one 2 BR, two 3 BR and a 2 car garage. Enjoy picturesque sunsets from the sandy beach.
*Seller is open to some owner financing.
Status: ActiveOriginal List Price: 1200000List Price: $1,100,000Current Price: $1,100,000
Property Information
Surveyed: YesSeasonal: NoOwner Occupied: NoNumber of Units: 5Total Baths: 7Total Full Baths: 6Total Half Baths: 1Year Built: 1970SqFt Finished Above Grade: 5416SqFt Finished Total: 5416SqFt Source: SellerGarage: YesGarage Spaces: 2Lot Size Acres +/-: 3.73Source of Acreage: Public Records
Compensation & Misc Info
Buyer Agency: 2Buyer Agency Type: %
Water Info
Water Frontage: YesWaterfront Amount: 312Water Frontage Owned: 312Water View: YesWater Body Name: Lake Winnecook
Income & Expenses
Gross Income: 78600Operating Expenses: 21074.28
Units
# of 1 BD Units: 2# of 2 BD Units: 1# of 3 BD Units: 2
Unit 1
Lease: YesLevel: FirstSecurity Deposit: YesMonthly Rent: 1200# Full Baths: 1# of Rooms: 5# of Bedrooms: 2Dedicated Electric Meter: YesDedicated Gas Meter: YesDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 2
Lease: YesLevel: FirstSecurity Deposit: YesMonthly Rent: 950# Full Baths: 1# of Rooms: 2# of Bedrooms: 1Dedicated Electric Meter: YesDedicated Gas Meter: YesDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 3
Lease: YesLevel: FirstSecurity Deposit: YesMonthly Rent: 700# Full Baths: 1# of Rooms: 2# of Bedrooms: 1Dedicated Electric Meter: YesDedicated Gas Meter: YesDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 4
Lease: YesLevel: FirstSecurity Deposit: YesMonthly Rent: 1850# Full Baths: 2# of Rooms: 6# of Bedrooms: 3Dedicated Electric Meter: YesDedicated Gas Meter: YesDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesWater: Yes
Unit 5
Lease: YesLevel: FirstSecurity Deposit: YesMonthly Rent: 1850# Full Baths: 1# Half Baths: 1# of Rooms: 6# of Bedrooms: 3Dedicated Electric Meter: YesDedicated Gas Meter: YesDedicated Water Heater: YesElectric: NoHeat: NoRange: YesRefrigerator: YesSewer: YesWater: Yes
Utilities
Utilities On: Yes
Property Features
Site: Open; Pasture/Field; Right of WayLocation: Near Town; RuralRoads: Dead End; Gravel/Dirt; Private; Right of WayTransportation: Major Road AccessSource of Water Frontage: SurveyWater Body Type: LakeRecreational Water: Lake/Fresh WaterView: ScenicStyle: Cottage; Multi-Level; RanchConstruction: Wood FrameBasement: Crawl Space; Dirt FloorBasement Entry: Exterior Only; InteriorFoundation Materials: BlockExterior: Shingle Siding; Vinyl SidingRoof: Metal; ShingleHeat System: Forced Air; Heat PumpHeat Fuel: Oil; PropaneWater Heater: Electric; Heat PumpCooling: Heat PumpFloors: Carpet; Laminate; TileAmenities: 1st Floor Bedroom; Laundry - Hookup; Walk-in ClosetsPatio and Porch Features: DeckDriveway: GravelParking: 5 - 10 SpacesVehicle Storage: 2 CarElectric: Circuit BreakersGas: BottledSewer: Private Sewer; Septic Existing on SiteWater: Private; Well Existing on Site