Corp of Engineer Ground. Ground lease will expire in 12/31/2018. Currently renewable in 10 yr increments.Current yearly rent is $2760., and reviewed for adjustment every 5 yrs. The leased premises may be used for recreational cottage site purposes, not as a permanent residence. The value in this property is the lease. The home, boat house, and lengthy dock may be viewed by most in need of much repair. The well & septic will require updating and or replacement. Frontage water is shallow. Inspections welcomed! ONLY "AS IS" OFFERS WILL BE CONSIDERED!!!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
