Property
Beds
2
Full Baths
2
1/2 Baths
1
Year Built
2022
Sq.Footage
1,800
Turnkey investment opportunity with a lake view! This Lake Graham leasehold property offers incredible financial flexibility and cash flow potential, easily functioning as a full-time residence, an income generator, or a blended-use retreat. Includes two distinct, beautifully updated residences built in 2022. The 1,200 sq. ft. house offers a comfortable 1 large ensuite bedroom with a bathroom and walk-in closet connecting to a utility room with washer and dryer hookups. The open concept kitchen and living room combo features granite-countertops beneath vaulted ceilings. Both the living room and the bedroom have sliding doors access to a covered back porch with multiple seating and dining spaces facing the western sky lake view for morning coffee, afternoon drinks, and family cookouts. Includes a half bath for guests and gatherings. Under the same roof as the main house is a 600 square foot carport workshop that could converted to extra living space if needed. Both the main house and the efficiency apartment boast custom granite countertops with modern finishes in the kitchens and bathrooms with luxury wood like vinyl flooring throughout. The property's income potential is the separate 600 sq. ft. efficiency apartment, currently operating as an affiliated AirBNB, generating 1,000–1,500 monthly. This apartment was designed as a handicap accessible unit with it's own kitchen, bedroom, and bathroom. The yard has a sprinkler system with the water supplied from Lake Graham. Included is a parking space ready for a travel trailer with water and sewer hookups for personal use or as another rental potential. Along with storage container on site, the sellers are open to negotiating most of furnishings (except for some family heirlooms), furniture, appliances, tools, and yard equipment, The City of Graham leasehold is currently $1,000 a year (discounts available for 65+ and homestead). This is a rare chance to offset your lake lifestyle with established income.
Features & Amenities
Interior
-
Other Interior Features
Built-in Features, Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
-
Total Bedrooms
2
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric, Propane, Other
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Metal Siding
-
Other Exterior Features
RV Hookup
-
Parking
Additional Parking, Carport, Covered, Garage, RV Access/Parking, Attached
-
Patio and Porch Features
Covered
-
Pool
No
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
1.1
-
Lot Size(square feet)
47,916
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Contemporary/Modern
Price
-
Sales Price
$399,000
-
Tax Amount
$5,076
-
Financing Options
Cash, Conventional
-
Sq. Footage
1,800
-
Price/SqFt
$221
HOA
-
Association
No
School District
-
Elementary School
Graham
-
Middle School
Graham
-
High School
Graham
Property Features
-
Accessibility Features
Accessible Bedroom, Accessible Doors, Accessible Entrance
-
Sewer
Septic Tank
-
Tax Lot
555
-
Water Source
Public
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Location
County
Young
Elementary School
Graham
Middle School
Graham
High School
Graham
Listing Courtesy of Austin Chamness, Weatherbee Real Estate
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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