MLS Public Remarks This is a unique opportunity to own a piece of history on Lake Ripley. Bring your imagination and ambitions to see this place as your very own retreat. The one time resort has a 3 bedroom 1.5 bath, a 5 unit apartment building and 90 feet of dedicated shoreline. The property is located on the northwest side of Lake Ripley and has great southern exposure. With all the possibilities and some sweat equity you could have rental income and a place on the lake. The lot has the canopy to keep you cool in the summers and protected in the winter. Location, Location, Location! Property is being sold in As Is Condition. One gas & electric bill (split 5 ways for the 5 units). SF MLS# 1891019
Location Town
Other Marketing Area
Mailing City Cambridge
C/T/V Town
Unit #
Directions Hwy 12, North Onto Park Rd, Right Onto Ripley Rd.
Number of Units 6
Year Built 1966
# Furnaces 1
Heating Type 1 Other
Heating Fuel Nat Gas
# Water Heaters 1
# Water Softeners 0
# Stoves 0
# Refrigerators 6
# Dish Washers 0
# Washers 0
# Dryers 0
# Units w/AC 0
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 5
Number of 3+ Bedrooms 0
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
School District Cambridge
High School Cambridge
Middle Nikolay
Elementary Cambridge
Land Assessment $210,000
Improvements $145,400
Total Assessment $355,400
Net Taxes $6,904
Assessment Year 2019
Tax Year 2019
Owner
Zoning R1
Subdivision
Name of Lake/River
Est. Total Acres 0.64
Source for Est. Total Acres Othr
Unit 1
Unit 2
Unit 3
Unit 4
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Landlord Pays |
Unit |
Bedrooms |
Full Baths |
Half Baths |
Lease Expiration Date |
Month Rent |
Fin Sq.Ft |
Parking |
Elec |
Heat |
W/S |
1 |
2 |
1 |
0 |
MTM |
$425 |
600 |
1 Space |
No |
No |
No |
2 |
2 |
1 |
0 |
MTM |
$425 |
600 |
1 Space |
No |
No |
No |
3 |
2 |
1 |
0 |
MTM |
$0 |
0 |
1 Space |
No |
No |
No |
4 |
2 |
1 |
0 |
MTM |
$0 |
0 |
1 Space |
No |
No |
No |
Items Included
Items Excluded
Energy Efficient/Green Features
Water/Waste Municipal sewer, Well
Basement None
Type Other
Parking per Unit None
Barrier-free Features
Exterior Wood
Waterfront
Terms
Utilities
Legal Documents
Miscellaneous
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of First Weber Inc