For Sale
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Property summary
Welcome to Edgewater Estates Condominium Development with 5.932 acres of improved and buildable water front land on Rome Rock Lake! Fiber, Sewer, Water, Gas and Electric all available within the community and already run throughout, as well as 3 Fire hydrants already set. All of this expense has already been completed. This development already has 8 total units already sold and room for further development on the balance of the acreage leaving a ton of potential awaiting your vision. The balance of the road to be completed in the following months with potential for two more duplexes in the back and 6 waterfront single family homes in front all within the HOA. This sale includes the development and HOA. 1 yr minimum lease agreements for any rentals required per current bylaws. Bylaws are available for review and $175/Month HOA fee includes trash, snow removal, landscaping, reserve, property management and exterior maintenance of units (siding and roof). Overall development is continually being improved. All existing condos are either new construction or fully renovated. This lake front community is a great opportunity with further potential and also sits within the township so no RITA tax!
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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