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Active NEW!
$450,000
/mo Edit
Commercial:  2 Stories
6 br • 5 ba • Built 1993
0.24 acres
Cochrane-Fountain City schools
MLS# 7051373
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    Property Description

    Updated Lakefront Investment Opportunity on Nelson Lake! Don’t miss this rare chance to own 5 individual condo units (Units 9, 10, 11, 12 & 14) within Birch Point Resort, a highly desirable motel-style condo vacation rental located on the shoreline of Nelson Lake in Hayward. These updated units offer a compelling blend of immediate rental income and long-term appreciation, making them ideal for investors or those seeking a Northwoods retreat with income potential. Each unit features tasteful updates and a convenient kitchenette, enhancing guest appeal and usability. All units are sold fully furnished and turn-key, currently operating as short-term rentals and ready to generate income from day one. Guests enjoy private outdoor space with lake views along with individual dock access—perfect for baiting, fishing, swimming, and relaxing on the water. Birch Point Resort offers a welcoming setting with private beach access, a volleyball area, and direct enjoyment of Nelson Lake. Ideally located in Hayward—one of Wisconsin’s premier vacation destinations—this property provides year-round recreation with nearby ATV/UTV and snowmobile trails, plus two bar/restaurants within walking distance and additional options accessible by boat or car. The association is vacation rental friendly and handles lawn care and snow removal, offering a low-maintenance ownership experience. Each unit has its own tax ID, allowing flexibility for future resale or individual ownership. Additional Birch Point units (15–21) are also available, offering expanded portfolio potential. Association dues are $190.48 per unit, paid quarterly. Professional photos & virtual tour/video coming end of April or beginning of May.

    Listing

    Contingency: None
    City: Hayward
    County: Sawyer
    State: WI
    Property Style: 2 Stories
    Zip Code: 54843
    Subdivision Name: Birch Point Condo

    Interior

    Flooring: Luxury Vinyl Plank
    Refrigerators: One Per Unit
    Appliances Included:
    • Microwave
    • Refrigerator
    • Wall Oven
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Wall Unit(s)
    Foundation Size: 2,309 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Association Maintained Road
    Heating System:
    • Baseboard
    • Hot Water
    • Radiant
    Parking Features:
    • Gravel
    • Unassigned
    Unit Amenities:
    • Balcony
    • Deck
    • Local Area Network
    • Patio
    Exterior Material: Block
    Pool: None
    Roof Details: Age 8 Years or Less

    Lake & Waterfront

    Waterfront View: Lake
    WF Frontage: 1400
    Elev Highpt to WF feet: 10-15
    Waterfront:
    • Lake Front
    • Lake View
    Lake Bottom:
    • Gravel
    • Rocky
    • Sand

    Lot & Land

    Acres: 0.24
    Geolocation: 46.0761084506, -91.4579583516
    Inclusions: Building, Inventory
    Lot Dimensions: 80 x 24
    Addl Parcels: 014206001000, 014206001100, 014206001200, 014206001400
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family
    • Shoreline
    Lot Description:
    • Accessible Shoreline
    • Tree Coverage - Light

    Farm

    Topography: Level, Wooded

    Schools

    School District: 1155
    District Phone: 7156342619

    Expenses

    Annual Electric Expense: $1,028
    Annual Fuel Expense: $3,613
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,158
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,158

    Income

    Annual Gross Income: $23,214

    Rent

    Annual Net Income: $14,491

    Units

    Total Units: 5
    Unit Number: 9, 10, 11, 12, 14

    Miscellaneous

    Current Use:
    • Recreational
    • Residential
    • Resort
    Fuel System: Other
    Owner Occupied: No
    Sewer System:
    • Septic System Compliant - Yes
    • Shared Septic
    • Tank with Drainage Field
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System:
    • Shared System
    • Well
    Power Company Name: Xcel Energy

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    Listing provided by RMLS, courtesy of Chippewa Valley Real Estate, L.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.