Exceptional investment opportunity featuring seven beautifully constructed cabins situated on approximately one acre across two parcels, including 5354 and 5358 Paw Paw Lake Road, just across the street from Paw Paw Lake. The property consists of three 2-bedroom, 1-bath cabins, three 1-bedroom, 1-bath cabins currently operating as rentals, and a… Read More seventh cabin that is being converted into an office and on-site laundry facility to streamline operations and provide added convenience for ownership. The property is a proven income producer, operating as short-term rentals during the summer season and transitioning to longer-term rentals throughout the off-season, generating approximately $150,000 in annual gross rental income. This is a stabilized asset with an established rental history and excellent performance. Read Less
Courtesy of Ellsbury Group.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Business
Square Ft.
3,460
Lot Size
1 Acres
Year Built
1935
MLS Number
70546558
Additional Details
Property Access
City/County, Paved Street
Amenities
Furniture
Building
3,460 square feet, Built in 1935, Investment
Exterior Features
Frame, Other, Wood
Water Features
Lake/River Access, Water View, All Sports Lake
Heating
Space Heater, Electric, Natural Gas
Lot
1 acre, Lot size: 120x180 and back lot 120x
Property
Lake name: Paw Paw Lake
Roof
Metal
Taxes
Total amount: $8,023, Year: 2025
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