This listing was posted on Claz.
$285,000
Investment opportunity Land Contract Financing (Cornucopia WI)
Price:
$285,000
BR/BA:
4 BR
Location:
Madison, WI
Description:
Mixed Use property Bed and Breakfast, AirBnB, Local Tourist Bar, House Hack 4 bd 8 ba 4,460 sqft CASH ONLY TERMS Minimum Price = $285,000 18% down payment @ $51,300 Earnest Money Deposit: $5,000 Amortized 20 years @ $1,742 month payment Balloon due after 4 years Contract Price $233,700 @ 6.5% No prepay penalty Buyer pay closing cost,Taxes, insurance Comps: Airbnb $80 - $130/night - Bed and Breakfast $100-$250/night Multi-use property that could be converted into a lodge for your family & friends to enjoy a get-away any time of year or make this your special residence. Formerly an all-inclusive restaurant, inn and bar & grill. Catch the Lake Superior breeze with this chalet style four room inn, bar, restaurant and separate tiki bar & grill. The warm character of the exterior extends inside to the bar area with a cozy brick fireplace and pellet stove. Wooden bar and wood beams on the ceiling add to the home-like atmosphere. Sit, relax and enjoy a special lunch or dinner with family and friends after a day at the beach. The Inn contains four rooms upstairs each with their own en suite full bathroom. They share a common area with a fireplace and sliding glass doors that lead onto a deck. Washer/Dryer and utility sink also upstairs. www.jordanestatesllc.com www.mutuallandcontracts.com
Property Type:
Other Housing for Sale
Sq feet:
4,460 sq. ft.
Amenities:
Fireplace, Patio/Deck, Washer Dryer
Posted:
May 13 on Claz
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More About this Listing: Investment opportunity Land Contract Financing (Cornucopia WI)
Investment opportunity Land Contract Financing (Cornucopia WI) is a Four Bedroom Other Real Estate for Sale in Madison WI. Find other listings like Investment opportunity Land Contract Financing (Cornucopia WI) by searching Oodle Classifieds for Four Bedroom Other Real Estate for Sale in Madison WI.
Investment opportunity Land Contract Financing (Cornucopia WI) is a Four Bedroom Other Real Estate for Sale in Madison WI. Find other listings like Investment opportunity Land Contract Financing (Cornucopia WI) by searching Oodle Classifieds for Four Bedroom Other Real Estate for Sale in Madison WI.