#1-6/2560 Millerville Rd, Phelps WI 54554 USA

2560 Millerville Rd #units 1- 6, Phelps, WI 54554

- WI

Outstanding Northwoods investment opportunity on premier North Twin Lake! This unique offering includes three fully furnished waterfront condominium homes being sold together as one package. Located on 2,788-acre North Twin Lake in Phelps, this established vacation rental property offers proven rental history, outstanding income potential, & endless possibilities for future growth. The three residences feature a combined 6 BR & 4 BA, each with its own tax parcel while remaining part of a single condominium declaration. Continue operating as a successful short-term rental investment, create a corporate retreat, or enjoy as a private family compound while generating rental income. Guests & owners alike will appreciate the super-level frontage, excellent fishing, boating, swimming, & year-round recreation. Conveniently located just steps from the public boat landing, the popular Great Escape Bar & Restaurant, & only minutes from downtown Phelps. Sold turnkey with furnishings included, this investment is ready to generate income from day one. Recent improvements include a new furnace, water heater, front door, washer & dryer in the Eagle Nest unit, upgraded East/West & Eagle Nest decks, 5,000-lb. power boat lift with solar charger, two additional dock sections, upgraded electrical improvements, new Eagle Nest ceiling, & central air ductwork for future expansion. A rare opportunity to own an established Northwoods waterfront vacation rental portfolio on one of Wisconsin’s premier lakes!