Looking for an investment property with a cap rate of 8%? This one-of-a-kind property is an investor’s dream! With 100’ of sandy frontage on Yellow Birch Lake, part of the Eagle River Chain, this 4BR/2BA house is currently a VERY successful rental. The main gathering space is over 1000sf with lots of Northwoods character, a gorgeous floor to ceiling stone, gas fireplace & fabulous views. The kitchen sits behind the custom-made bar for true open concept living; cabinets are also custom-made from Pine & Alder. Renters can play all day then relax in the sauna off the great room or in the hot tub on the deck enjoying the gorgeous views of the lake. Southeastern exposure means great sunrises & lots of sunshine on sandy shores. Renters will appreciate the high-speed internet, the pool table & foosball table. A detached garage offers storage for vehicles & toys. Downtown Eagle River offers all the conveniences of town just minutes away. Grab the opportunity & add this one to your portfolio!
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