Spacious upscale 4 bedroom condo with vaulted ceilings features an open floor plan that comfortably accommodates small and large groups. Enjoy two private balconies, a cozy fireplace, and common access to two beaches, a pier and boat slips on Lake Delton, indoor and outdoor pools, hot tub, sauna, gas grills, and a large fire pit. Currently utilized as a combination vacation home / rental property, this condo has generated positive cash flow for the last 10 years. The 2021 average room rate is approximately $500 per night! Another significant contribution to cash flow is obtained through IRS rules allowing depreciation as a tax deductible expense on investment property. A cost basis of $425,000 generates over $15,000 of annual depreciation. Aforementioned comments written by Seller.
1919608
Residential - Condo, Townhouse, Condo
4
2 Full/1 Half
2005
Sauk
Municipal water
Brick,Vinyl siding
Municipal sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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