Description
Welcome to 2577 Lake Lillian Dr - A truly unique and remarkable real estate opportunity! Nestled across the street from the picturesque Lake Lillian, this property boasts not one, but three distinct homes!, offering a myriad of possibilities for a savvy investor or a homeowner looking for additional rental income. With a little TLC, this historic gem has the potential to shine like a diamond in the rough. MAIN HOME: The centerpiece of this property is a charming two-story, 3-bedroom, 2-bathroom home built in 1926. Spanning 1,500 square feet, it features a spacious living room, a formal dining room, and a well-appointed kitchen. The large screened-in back patio provides a perfect spot for enjoying the serene outdoors. Additional convenience is provided by the covered carport, ensuring protection for your vehicles. SECOND HOME: Adjacent to the main house, there is another two-story dwelling, also constructed in 1926. This secondary home offers 2 bedrooms, 1.5 bathrooms, and a versatile bonus room, providing over 1,000 square feet of living space. What makes this home particularly unique is the garage, thoughtfully converted into a 400-square-foot studio apartment. With its own private entrance, bathroom, and living space, it presents a fantastic opportunity for rental income or accommodating extended family. THIRD HOME: The newest addition to this property is a single-story home built in 1950. This 2-bedroom, 1-bathroom residence offers 952 square feet of living space. The living room of this home affords breathtaking views of Lake Lillian, providing a soothing and tranquil atmosphere. Additionally, the spacious backyard offers endless potential, and two more carports further add to the utility of the property. Investment Opportunity: Priced at only $90,000 per home, this property presents a compelling investment and rental opportunity. Whether you're considering long-term rentals, vacation rentals, or even a multi-generational living arrangement, this property offers the versatility to cater to various needs.
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7BEDS
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0.34ACRES
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3BATHS
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11/2 BATHS
School Ratings & Info
Description
Welcome to 2577 Lake Lillian Dr - A truly unique and remarkable real estate opportunity! Nestled across the street from the picturesque Lake Lillian, this property boasts not one, but three distinct homes!, offering a myriad of possibilities for a savvy investor or a homeowner looking for additional rental income. With a little TLC, this historic gem has the potential to shine like a diamond in the rough. MAIN HOME: The centerpiece of this property is a charming two-story, 3-bedroom, 2-bathroom home built in 1926. Spanning 1,500 square feet, it features a spacious living room, a formal dining room, and a well-appointed kitchen. The large screened-in back patio provides a perfect spot for enjoying the serene outdoors. Additional convenience is provided by the covered carport, ensuring protection for your vehicles. SECOND HOME: Adjacent to the main house, there is another two-story dwelling, also constructed in 1926. This secondary home offers 2 bedrooms, 1.5 bathrooms, and a versatile bonus room, providing over 1,000 square feet of living space. What makes this home particularly unique is the garage, thoughtfully converted into a 400-square-foot studio apartment. With its own private entrance, bathroom, and living space, it presents a fantastic opportunity for rental income or accommodating extended family. THIRD HOME: The newest addition to this property is a single-story home built in 1950. This 2-bedroom, 1-bathroom residence offers 952 square feet of living space. The living room of this home affords breathtaking views of Lake Lillian, providing a soothing and tranquil atmosphere. Additionally, the spacious backyard offers endless potential, and two more carports further add to the utility of the property. Investment Opportunity: Priced at only $90,000 per home, this property presents a compelling investment and rental opportunity. Whether you're considering long-term rentals, vacation rentals, or even a multi-generational living arrangement, this property offers the versatility to cater to various needs.
© 2023 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2023-12-03T22:42:24.397.