27 K STREET

NEW CONSTRUCTION DUPLEX BY THE LAKE. Compelling investment opportunity that is fully rented to quality tenants and showing 8.5% gross return or 6.49% cap rate after expenses, with zero forseeable maintenance for a good long while. Ideal spot with lake views and easy lake access is on offer beside the Lupoyoma Lakeside community park with floating dock access. No expense has been spared in this luxury rebuild, from the ground up, with uncompromising high-end quality, innovative design finishes and new everything. Here you can meet the serenity of nature on the water's edge but with easy walking access to Main St restaurants, coffee, and shopping, or take a stroll along the lakefront park. Wrap around decking on three sides for both units with a large private courtyard garden for the main unit, allows for expanded tranquil indoor/outdoor living and enjoying the lake views. Attention to detail is evident throughout the entire property, from the upgraded 2x6 walls and new insulation to the new wiring and plumbing. In addition, the interior walls are also insulated to ensure privacy and a soundproof environment. Also, possible as a home and income with B&B as a possibility for both units or as an extended family residence. Approaching the home, you are greeted by a beautifully stamped and stained concrete driveway leading to the Dutch barn doors of a 300 SF multi-use room, in each unit perfect for a third bedroom or additional living space. The home has luxury vinyl flooring, butcher block counter tops, high-end cabinetry, master bedroom access to the private rear deck and more. Inside, you enjoy complete climate control, thanks to the 4-ton Mitsubishi split untold with a total of 8 registers throughout the complex. This property has been rebuilt to the most exact standards putting off the need for maintenance or upgrading into the distant future. See if they meet or exceed your standards.