MLS 7160984 Lake Home (Active)

$194,900

542 Quadna Mountain Road
Hill City MN 55748

Looking for a full-time home, vacation getaway or fantastic income-producing property? This fully furnished, second-floor, 2-bedroom w/loft, 2 bath villa in beautiful Hill City offers an incredible opportunity. You can live in both sides or live in one side and rent the other side or rent both. Excellent rental income & investment potential. Projected 2026 financials, the villa is expected to generate close to $44,000 in annual rental revenue and approximately $25,000 in adjusted projected net operating income. Detailed financial statements are available upon request. This unique villa features 2 separate living spaces, each with its’ own private exterior entrance and deck, and there is an interior connecting door allowing both sides to function as one larger residence. Perfect for a mother-in-law suite, extended family, private guest quarters or potential rental income. Side A features a spacious residence with soaring ceilings, beautiful wood-paneled walls, exposed beams, skylights and a stunning brick wood-burning fireplace. The open concept living and dining area offers plenty of room to entertain while the full kitchen, spacious loft and private deck add to the charm and functionality of this inviting residence. Side B is a beautifully renovated studio that has been completely remodeled with modern finishes throughout. Featuring a kitchenette, updated bathroom with a spacious walk-in shower and a private deck overlooking the golf course. The villa boasts recent improvements including newer washer/dryer, 80 gal. water heater, PTAC heating and cooling units, sliding glass doors and exterior entry door. The villa also has a designated spot on the property to be able to build a one or two car garage. Dock slips are available for purchase, if available. With access to Hill Lake (fishing is phenomenal), to 100’s of miles of ATV trails out your front door, and less than 2 miles from restaurants/bars in Hill City or 18 miles to Grand Rapids, what else could you ask for? Check it out today.

Contact Us About This Listing

info@affinityrealestate.com