Lake Geneva, 53147
Lake Geneva, 53147
Lake Geneva, 53147
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Lindsey Vebber

Lindsey Vebber

+1(414) 334-0470
Listed by Shannon B. Blay Compass Wisconsin-Lake Geneva
$1,470,000
Est. payment /mo
8 Beds
6 Baths
5,912 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,912 sqft

Price per Sqft $248

MLS Listing ID 1939883

Style Ranch

Bedrooms 8

Full Baths 6

Abv Grd Liv Area 3,350

Acres 0.97

Property Description

LIVE- IN Investment Opportunity in the highly desirable Stone Ridge subdivision. Acquire a two unit side by side deluxe townhome. Live in one and rent the other. Rental income will cover 2/3rds of the mortgage payment on both units. Grow wealth as rental income supports, paying down the mortgage, demand continues to create appreciation and tax depreciation reduces taxable income. This property showcases 8 bedrooms and 6 baths total sitting on just under 1 acre of land. Each 4BR/3BA unit features vaulted ceilings, modern kitchens, gas fireplaces, spa baths, main-level laundry, and private decks/ patios. Finished walkout lower levels include large living area with wet bars, bedrooms and offices with full-size windows, and patios.

Location

County Walworth

Direction From downtown Lake Geneva, follow Center St North, right onto S Stone Ridge Dr, Side by Side will be on your right

Rooms

Basement Full, Walk Out/Outer Door, Poured Concrete, Shower, Full Size Windows, 8+ Ceiling, Sump Pump, Finished

Interior

Interior Features Wet Bar, Kitchen Island, Split Bedrooms, Vaulted Ceiling(s), High Speed Internet

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Wood Floors, Simulated Wood Floors

Inclusions 1 in each unit: refrigerator; microwave; dishwasher; stove; washer; dryer. Unit 480 has 1 wine fridge; 1 bev fridge

Appliance Oven, Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Other

Exterior

Parking Features Electric Door Opener, Paved

Garage Spaces 4.0

Garage Description Attached

Accessibility Open Floor Plan, Full Bath on Main Level, Laundry on Main Level, Bedroom on Main Level

Garage 1

Exclusions Tenant and Sellers personal belongings

Building

Lot Description Sidewalk

Entry Level 1 Story,Exposed Basement

Sewer Municipal Sewer

Architectural Style Ranch

Level or Stories 1 Story, Exposed Basement

Structure Type Stone,Vinyl,Low Maintenance Trim

Schools

Middle Schools Lake Geneva

High Schools Badger

School District Lake Geneva J1

Others

Tax ID ZSSRC 00460

Acceptable Financing Tenant Occupied

Listing Terms Tenant Occupied

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Lindsey Vebber
Lindsey Vebber

Team Lead, Licensed Broker

+1(414) 334-0470

229 E Fairmount Ave, Whitefish Bay, WI, 53217-5843, USA

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