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460 S Stone Ridge, #480, Lake Geneva, Wisconsin 53147
List Price: $1,470,000
Property Type: Single-Family
MLS Number: 1939883
County: Walworth
Bedrooms: 8
Bathrooms: Full 6
Taxes: $15,773.08
Tax Year: 2024
Basement: Full,Walk Out/Outer Door,Poured Concrete
Construction Materials: Stone,Vinyl,Low Maintenance Trim
Inclusions: 1 in each unit: refrigerator; microwave; dishwasher; stove; washer; dryer. Unit 480 has 1 wine frid
Heat: Natural Gas,Forced Air
Sq. Ft.: 5912.00
Description: LIVE- IN Investment Opportunity in the highly desirable Stone Ridge subdivision. Acquire a two unit side by side deluxe townhome. Live in one and rent the other. Rental income will cover 2/3rds of the mortgage payment on both units. Grow wealth as rental income supports, paying down the mortgage, demand continues to create appreciation and tax depreciation reduces taxable income. This property showcases 8 bedrooms and 6 baths total sitting on just under 1 acre of land. Each 4BR/3BA unit features vaulted ceilings, modern kitchens, gas fireplaces, spa baths, main-level laundry, and private decks/ patios. Finished walkout lower levels include large living area with wet bars, bedrooms and offices with full-size windows, and patios.
Directions: From downtown Lake Geneva, follow Center St North, right onto S Stone Ridge Dr, Side by Side will be on your right
Listing Courtesy of: Compass Wisconsin-Lake Geneva
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