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31026 Co Hwy 4 , #8

Vergas, MN 56587
  • $127,000
  • STATUS: Active Under Contract
  • ON SITE: 83 Days
  • MLS #: 6072502
$127,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 500
    SQFT
  • $254
    $/SQFT
Type:
Single-Family Home
Built:
1940
County:
Area:

School Ratings & Info

Description

Loon Lake- Looking for the perfect investment property to work on over the winter, and sell in the spring? Or perhaps put your own touches on this blank canvas and keep it for yourself to enjoy! This twin home cabin sits on a newly formed CIC with 660 ft feet of shoreline, on Loon Lake near Vergas. At this point, buyer has the option of purchasing both units if they choose, and removing center wall to make a larger cabin. Both units have been stripped to the studs and are waiting to be completed. Once remodeling is complete, enjoy lake life without the work of mowing, snow removal or taking the dock in and out. Each unit comes with a shared dock and storage space. Septic lines and water lines have been dug under the frost line, so if remodeled to accommodate winter, these could be used year round. With only a $1500 per year HOA fee, these units will rise in value quickly.

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© 2021 Lake Region Association of Realtors MLS. 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 Ryan Hanson Homes- Keller Williams Realty Professionals. Data last updated: 2021-10-20T23:46:47.783.
www.ryanhansonhomes.com/homes/119853446
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31026 Co Hwy 4 , #8 Vergas, MN 56587

  • Price: $127,000
  • Status: Active Under Contract
  • MLS #: 6072502
0
Beds
0
Baths
0
½ Baths
0.02
Acres
500
SQFT
$254
$/SQFT
1940
Built
County:
Otter Tail
Area:
Vergas
Property Description
Loon Lake- Looking for the perfect investment property to work on over the winter, and sell in the spring? Or perhaps put your own touches on this blank canvas and keep it for yourself to enjoy! This twin home cabin sits on a newly formed CIC with 660 ft feet of shoreline, on Loon Lake near Vergas. At this point, buyer has the option of purchasing both units if they choose, and removing center wall to make a larger cabin. Both units have been stripped to the studs and are waiting to be completed. Once remodeling is complete, enjoy lake life without the work of mowing, snow removal or taking the dock in and out. Each unit comes with a shared dock and storage space. Septic lines and water lines have been dug under the frost line, so if remodeled to accommodate winter, these could be used year round. With only a $1500 per year HOA fee, these units will rise in value quickly.
Exterior Features

Exterior Wood Lake Acres 84 Lake Depth 0 Lake Waterfront Lake Front Lot Dimensions 870 Sq Ft Parking Characteristics Uncovered/Open Stories One Style Duplex Waterfront Present Yes Wf Footage Ft 660

Interior Features

Above Grd Total Sqft 500.00 Air Conditioning None Appliances None Basement Crawl Space Basement Foundation Dimensions 500 Sq Ft Bath Quarter 0.00 Baths Total 0.00 Below Grd Total Sqft 0.00 Common Wall Yes Finished Sqft Above Ground 1 Finished Sqft Below Ground 0 Fireplace Yn No Foundation Size 500 Heating None Main Floor Total Sqft 500.00 Total Finished Sqft 1.00

Property Features

Accessible None Amenities Shared BeachDockOther Assessment Pending No Assoc Fee Yn Yes Association Fee 1500.00 Association Fee Frequency Annually Association Fee Includes Beach AccessDockParking SpaceShared AmenitiesSnow/Lawn Care Assumable Loan Not Assumable Auction No Availability Unavailable Construction Status Previously Owned Construction Yn No Contingency None Dnr Lake Classification General Development Fuel Propane Green Certification No In Foreclosure No Insurance Fee 0.00 Lake Chain No Lake Waterfront Name Loon Lender Owned Not Disclosed Manufactured Home No Monthly Land Lease Amt 0.00 New Development No Owner Is An Agent No Potential Short Sale No Rental License No Restriction Covenants Other CovenantsPets - Dogs AllowedPets - Number Limit Road Btwn Wf And Home No Sewer Shared System Shared Rooms Other Tax Amount 1115.00 Tax With Assessments 1115.00 Tax Year 2021 Water Shared System Yearly Seasonal Seasonal Zoning Residential-Single Family

Listing information © 2021 Lake Region Association of Realtors MLS
Listing provided courtesy of Valerie Bushaw of Exp Realty Ff.



© 2021 Lake Region Association of Realtors MLS. 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 Ryan Hanson Homes- Keller Williams Realty Professionals. Data last updated: 2021-10-20T23:46:47.783.
 
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