Retire to the northwoods! This property on Lake Alice, a former resort, has a house with 5 rental units on 495' of lake frontage and is located at W4095 County Hwy A, Tomahawk, WI on the corner of Hwy A and South Pine Rds. approx. 5 mi from the city of Tomahawk. Live in the split level home and receive income from the year round rentals or return it to resort use. Currently the units are being rented as apartments with a 97% occupancy rate. The main house ground floor (836sqft) has a kitchen/dining area, 2 bdrms & a full bath. The upper level (616sqft) has a living room w/fireplace, bedroom, bath and deck. There is a basement under the ground level (836sqft) with laundry, storage and workshop area. There is a lower level walkout unit (616sqft) with kitchen/living room, 2 bdrms, full bath and screened in porch that can be rented or saved for guests. There is a 2 car garage (594sqft) attached. Cabin#1-(660sqft) has 2 bdrms, bath, kitchen/dining, living room Cabin #2-(480sqft) has 2 bdrms, bath, kitchen, living room and deck on the water Cabin #3-(792sqft) has 2 bdrms, bath, kitchen, living room and walk-out basement Cabin #4-(693sqft) has 2 bdrms, bath, kitchen, living room Each cabin and lower apartment comes with its own stove, refrigerator, LP gas water heater and metered propane gas. Dumpster/recycling, septic pumping, snow removal and lawn maintenance are provided by the owners. There have been many recent updates. There are 3 docks, 3 fire pits and 2 vegetable gardens. Water does not fluctuate more than 5" on Lake Alice (part of the Wisconsin River). Pontoon for miles and fishing is fabulous. Types of fish: walleye, bluegill, large and small mouth bass, northern pike and musky. Views of the lake are beautiful.
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.
