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Four Season Cottage On Beautiful Lake Wisconsin (Lake WI / Merrimac WI / Wisconsin Dells)

Four Season Cottage On Beautiful Lake Wisconsin (Lake WI / Merrimac WI / Wisconsin Dells)



  Four Season Cottage On Beautiful Lake Wisconsin Lake WI  Merrimac WI  Wisconsin Dells
 

 
Ad id: 707176763951809
Views: 7
Price
$144,000.00

For Sale - Newly remodeled/rebuilt 700 sq ft four season cottage on beautiful Lake Wisconsin. The cottage is set only 40' from your 72' of Lake Wisconsin Waterfront. This cottage has been through an extensive remodel/rebuild and includes all new appliances to include: Furnace, Central Air, Range, Fridge, Dishwasher, Washer and Dryer. Also included is the 2 outbuildings 12' x 16' and 12' x 20'. The one outbuilding has been used as bunkhouse in the past. You also have the option to purchase the red and white 1992 Rinker 236 boat with the cottage.

Lake Wisconsin is a 10,000 acre recreational lake that offers 52 miles of shoreline that is surrounded by picturesque hills with views that are unbelievable. Enjoy the lake for excellent fishing, boating, water skiing and swimming. Stop at one of the sandbars on the lake and experience a day of fun in the sun. In the winter, you will find ice fishing, hunting, downhill and cross country skiing, snowmobiling, snow tubing and snowboarding .

Their is a twist to this property. You own the cottage and out buildings, but you do not own the land that the they set on. The land is leased. The same family has owned this land since 1961, The lease is annual, but understand that the property owner has verbally assured us that this property will be secure to lease for many years to come,(I was personally assured that I would be secure for my lifetime@42). There are 31 cottages in this Bay and 5 of them are immediate family members to the owners that have invested alot of $$ on their purchasing and updating of cottages. Also the property owner just invested $135K in a community septic system for all the cottages. Anyone who is interested should look at the leasing as to be to their advantage. If you were to own the lot/land that the cottage is on the annual property taxes would be between $7 & $8k. As the annual rent is only $2300 and all utilities are less than $500 a year. This cottage on the lake is the ultimate place for you and your family to built memories of a lifetime.
This would need to be a cash purchase or you could secure it with equity from an existing investment.

Thanks for your interest.

Only 1hr 20 minutes from Janesville, WI
20 minutes from Wisconsin Dells
2 minutes to Devils Lake State Park

$144k W/O Rinker
$149 K W/Rinker

 
 
 
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Last Updated on: November 24, 2017
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