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Listed by Beaudoin Team* • RE/MAX Universal
$ 824,999
Est. payment /mo
Active
141 E Rhine Elkhart Lake, WI 53020
2,238 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,238 sqft
Price per Sqft $368
MLS Listing ID 1965963
Year Built 1920
Annual Tax Amount $6,195
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Description
This versatile commercial/residential rental property offers strong income potential and an unbeatable location in the heart of Elkhart Lake. The main and lower levels are currently rented, generating $3k per month on a month-to-month lease. The upper unit features 3 beds, 2 full baths and a beautiful sun porch/four-season room. During June through September, the upper unit operates successfully as an Airbnb. From October through May, it is rented to traveling nurses for $1,700/month. For owner-occupants, this property presents a unique opportunity to live in the upper unit while benefiting from rental income from the lower levels. Enjoy Elkhart Lake lifestyle, with downtown restaurants, shops and attractions all within walking distance. Also close to Road America and golf courses!
Location
State WI
County Sheboygan
Zoning Com
Rooms
Basement Full
Interior
Heating Central Air, Electric, Forced Air, Natural Gas
Cooling Central Air, Electric, Forced Air, Natural Gas
Flooring No
Exterior
Exterior Feature Aluminum Siding, Vinyl, Wood
Garage Spaces 2.0
Roof Type Composition
Building
Water Municipal Sewer, Municipal Water
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