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1515 6TH STREET NW

Commercial For Sale
$775,000

BTC: 7.94871795

ETH: 226.60818713

-$25K (2024/10/30)
77 days
Waterfront
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1954
Lot:
0.12 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 262820000000013020

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $1,824

  • Source details

    • MLS ID: P4931767

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Waterfront: Yes

    • Water Body Name: Spring Lake

    • Subdivision Name: MRS F W INMANNS SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 MYERS REALTY