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Listing Details

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MLS #
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Neighborhood
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Type
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Built
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County
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Area
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School Information

Elementary School
Middle School
High School
School District
Listing courtesy of The Frugal Broker Llc

Description

Spacious upscale 4 bedroom condo with vaulted ceilings features an open floor plan that comfortably accommodates small and large groups. Enjoy two private balconies, a cozy fireplace, and common access to two beaches, a pier and boat slips on Lake Delton, indoor and outdoor pools, hot tub, sauna, gas grills, and a large fire pit. Currently utilized as a combination vacation home / rental property, this condo has generated positive cash flow for the last 10 years. The 2021 average room rate is approximately $500 per night! Another significant contribution to cash flow is obtained through IRS rules allowing depreciation as a tax deductible expense on investment property. A cost basis of $425,000 generates over $15,000 of annual depreciation. Aforementioned comments written by Seller.

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© 2021 South Central Wisconsin MLS Corporation. 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 HomeTeam4u | Stark Company Realtors. Data last updated: 2021-09-20T11:41:45.307.
www.hometeam4u.com/homes/121373140
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670 E Lake Ave Lake Delton, WI 53940

  • Price: $425,000
  • Status: Active
  • Updated: 58 min ago
  • ID#: 1919608
4
Beds
2
Baths
1
½ Baths
N/A
Acres
2,710
SQFT
$157
$/SQFT
2005
Built
Neighborhood:
Renaissance
County:
Sauk
Area:
Lake Delton - V
Elementary School:
Lake Delton
Middle School:
Wisconsin Dells
High School:
Wisconsin Dells
School District:
Wisconsin Dells
Property Description
Spacious upscale 4 bedroom condo with vaulted ceilings features an open floor plan that comfortably accommodates small and large groups. Enjoy two private balconies, a cozy fireplace, and common access to two beaches, a pier and boat slips on Lake Delton, indoor and outdoor pools, hot tub, sauna, gas grills, and a large fire pit. Currently utilized as a combination vacation home / rental property, this condo has generated positive cash flow for the last 10 years. The 2021 average room rate is approximately $500 per night! Another significant contribution to cash flow is obtained through IRS rules allowing depreciation as a tax deductible expense on investment property. A cost basis of $425,000 generates over $15,000 of annual depreciation. Aforementioned comments written by Seller.
Exterior Features

Exterior VinylBrick Exterior Features Deck/BalconyPrivate Entry Type Townhouse-2 Story Waterfront Waterview-No FrontageLake

Interior Features

Bedroom2 Dim 13X16 Bedroom2 Level Main Bedroom3 Dim 12X21 Bedroom3 Level Main Bedroom4 Dim 13X14 Bedroom4 Level Main Dining Room Dim 12X14 Dining Room Level Main Fireplace 1 FireplaceGas Full Baths Lower 0 Full Baths Main 2 Full Baths Upper 0 Half Baths Lower 0 Half Baths Main 1 Half Baths Upper 0 Heating Cooling Forced AirCentral Air In Unit Laundry Room Dim 3X7 Interior Features Walk-In Closet(S)Great RoomVaulted CeilingWasherDryerJetted BathtubCable/Satellite AvailableAt Least 1 Tub Kitchen Dim 11X16 Kitchen Features Breakfast BarDishwasherDisposalMicrowavePantryRange/OvenRefrigerator Kitchen Level Main Laundry Level Main Living Room Dim 12X22 Living Room Level Main Master Bed Dim 14X26 Master Bedroom Level Main Other Room Dim 10X13 Other Rooms Bonus Room Sq Ft Finished Above Grade 2710 Sq Ft Finished Non Exposed 0

Property Features

Association South Central Wi Barrier Free Open Floor PlanStall ShowerWidth Of Hallways 42In+Door Openings 29In+Low Pile Or No Carpeting City Town Or Village Village Common Amenities ClubhouseSaunaWhirlpoolBoatslip/PierIndoor PoolOutdoor Pool Condo Fee 399 Condo Management Professional Onsite County Quarter Sauk Ne Fee Includes ParkingHot WaterWater/SewerCable/SatelliteTrash RemovalSnow RemovalCommon Area MaintenanceCommon Area insuranceRecreation FacilityReserve FundLawn Maintenance Fuel Natural Gas Mailing City Wisconsin Dells Net Taxes 4742 Open House No Proposed Units 0 Source Sq Ft Seller Tax Year 2020 Terms Misc No PetsRental Allowed Units In Association 63 Units In Building 12 Water Waste Municipal SewerMunicipal Water Year Built Source Seller Zoning Res.

Listing information © 2021 South Central Wisconsin MLS.
Listing provided courtesy of The Frugal Broker Llc.



© 2021 South Central Wisconsin MLS Corporation. 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 HomeTeam4u | Stark Company Realtors. Data last updated: 2021-09-20T11:41:45.307.
 
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HomeTeam4u | Stark Company Realtors
1625 W Main Street
Sun Prairie WI, 53590
Listing courtesy of The Frugal Broker Llc