15326 W Birch Point Road 15-21, Hayward, WI 54843

Description

INVESTORS (Lake Front Property)-7 Remodeled Condos on renowned Nelson Lake in Hayward, WI. Purchased at the end of the year of 2021. Remodeled in 2022 & established as Vacation Rentals in 2023. Huge income potential. Units come turn key- Fully Furnished & ready to rent. Bookings already on the books through Air B&B/VRBO and can be rented year round. New boiler and opportunity to put coin laundry in the utility room for extra income. Every room comes with 2 beds, mini frig, TV, d├ęcor, other furniture, bedding/towels and private decks overlooking Nelson Lake. Condos all have their own tax ID and can be sold individually. Hayward is a destination year round with it many events and draw from the Twin Cities down to Chicago area. Lawn and Snow is maintained by the Association. Birch Point Association is Vacation Rental friendly and offers a private beach for owners and guests as well as two bar/restaurants within walking distance of the condos. Do not miss this opportunity!

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Interior Details

  • Above Grade Finished Area1,834 SqFt
  • Appliances IncludedCommon Water Heater, Electric Water Heater, Microwave, Refrigerator
  • BasementCrawl Space, Partial
  • Building Area Total2,104 SqFt
  • CoolingWall Unit(s), Wall/Window Unit(s)
  • ElectricCircuit Breakers
  • FoundationBlock
  • HeatingBaseboard, Hot Water, Radiant
  • Living Area1,834 SqFt
  • WindowsWindow Coverings

Exterior Details

  • ConstructionCedar
  • Lake/River NameNelson
  • ParkingDriveway, Gravel
  • Patio FeaturesDeck
  • SewerSeptic Tank
  • StyleMultiplex
  • ViewLake
  • Water SourceShared Well
  • WaterfrontLake
  • Waterfront Length1,400 Ft

Property Details

  • 2022 Taxes$2,733
  • CountySawyer
  • Number of Units7
  • PossessionClose Of Escrow
  • Property SubtypeMulti Family
  • School DistrictHayward
  • StatusActive
  • TownshipLenroot
  • Unit Number15-21
  • Year Built1993
  • ZoningCommercial, Recreational, Residential

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MLS# 1577010

$595,000

Multi Family, Residential Income Property built in 1993

County
Sawyer

Above Grade
1,834 sq ft

Status
Active

Units

Unit #1  |  $1,581 / Month
Bedrooms: 1  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0
Vacation Rental - average for 2023 summer months @ 43% occupied, Refrigerator

Unit #2  |  $1,581 / Month
Bedrooms: 1  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0
Vacation Rental - average for 2023 summer months @ 43% occupied, Refrigerator

Unit #3  |  $1,581 / Month
Bedrooms: 1  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0
Vacation Rental - average for 2023 summer months @ 43% occupied, Refrigerator

Unit #4  |  $1,581 / Month
Bedrooms: 1  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0
Vacation Rental - average for 2023 summer months @ 43% occupied, Refrigerator

Unit #5  |  $1,581 / Month
Bedrooms: 1  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0
Vacation Rental - average for 2023 summer months @ 43% occupied, Refrigerator

Unit #6  |  $1,581 / Month
Bedrooms: 1  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0
Vacation Rental - average for 2023 summer months @ 43% occupied, Refrigerator

Unit #7  |  $1,581 / Month
Bedrooms: 1  |  Bathrooms (F/H): 1/0
 |  Garage Spaces: 0
Vacation Rentals (7 Individual Condos) Short term stay motel style units. Rent is for 1st year summer months and we were only at about 43% occupancy 1st summer. Increase marketing - Increase occupancy

Questions?

Listed By

Listing Office: Chippewa Valley Real Estate, LLC

Listing Agent: Patrick Rebman

Last Updated: April 5th @ 6:02 AM

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