Charming 1940s Cottage with Extra Lot & Rental Income Potential $220,000

Lake Home For Sale near Lake Harris

Charming 1940s Cottage with Extra Lot & Rental Income Potential This 1,080 sq ft cottage, built in the 1940s, sits on a 1/4 -acre corner lot and offers a unique opportunity for both comfortable living and investment. The roof is only 4 years old, and the home is move-in ready with some updates already in place. The property includes an additional lot with two RVs, currently rented at $300/month each. The main home is also tenant-occupied and rented at $1,000/month, providing an established income stream. The RVs can stay as part of the property or be removed--buyer's choice. Both RVs utilize a portable septic system and share an electric meter (separate from the main house). Inside the main home, you'll find: 3 bedrooms and 2 baths, both with walk-in showers A kitchen/dining combo plus an additional dining space near the living room Flooring in good condition (tile, vinyl, and laminate in the back room) Pier-and-beam foundation with siding exterior Optional older-model electric stove (other appliances belong to tenants) Outside, the property features two small storage buildings, one with electricity. While the hall bathroom may need some flooring repair, the home is otherwise in good condition and simply awaits cosmetic updates to make it shine. This is a great opportunity for a buyer seeking an affordable home with bonus rental income already in place--or simply a cozy cottage with extra space to make their own.