Lake Home For Sale
This gem near Kelso Beach is the investment opportunity you've been waiting for--with a *projected 20% cap rate* and no fluff in the numbers. Located in Millcreek's Limited Lodging Overlay District, this fully renovated property offers private beach access, is steps from Waldameer, and just 2 minutes from Presque Isle. Featuring 7 rentable units (including a 5-unit building with office + separate house), off-street parking, 2.5-car garage, and a private lot. Renovations include new kitchens, baths, windows, metal roof, and more. At $200/night over just 180 days, gross income hits $216K, with expenses accounted for. Schedule your tour today!Property Details
- Beds: 9
- Baths: 0.0
- Sq Feet: 8592
- Year Built: 1983
- Location: Lake Erie
- Acres: 0.250
- Lakefront: Yes
- Lakeview: Yes
- ViewTypes: Lake
- County: Erie County
- Garage: Built-in, Garage
- Siding: Metal Siding, Vinyl Siding
- Roof: Composition, Metal
- Property Taxes: $6,997
- MLS #: 182307
Location
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Contact Information:
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Listing Agent: Jake Scheloske, Agresti Real Estate, 814-459-9400, 814-459-9400 Listing Site, Listing Status: Active
Copyright © 2025 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 6028680 |
| Viewed: | 15 times |
| Added: | Apr 11, 2025 |
| Updated on: | Apr 11, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
