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    4770 E Harbor Court

    Monticello, IN 47960
    • $499,900
    • STATUS: Cont-AccptngBackupOffers
    • ON SITE: 13 days
    • MLS #: 202121754
    UPDATED: 40 min ago
    $499,900
    • 21
      BEDS
    • 0.68
      ACRES
    • 13
      BATHS
    • 0
      1/2 BATHS
    • 4,972
      SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Pirates Cove Resort is located on a beautiful bay offering calm waters and great fishing on Lake Shafer. Fully operational with new and repeat customers. PRIME location within walking distance to Indiana Beach, boat rentals, and just a few minutes from two 18 hole golf courses, restaurants, drive-in movie theater and more. A peaceful and private setting (over a half acre) with direct waterfront, stunning views, and approximately 430 ft of waterfront. The numbers add up! There are 13 income producing units including the house that could be used as a manager's home. Three stand alone lakefront cottages and two lakefront hotel units that have 9 units total. The grounds include multiple patios, a heated in ground swimming pool, access to the lake from multiple spots, ample parking, and is located at the end of the street allowing for a quiet setting and privacy. Turn-key operation. Hit the ground running with a full calendar of bookings, live booking engine with external channel integration, included email, website and social media. A great investment opportunity!

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    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or JM Realty Associates, Inc.. Data last updated: 2021-06-23T00:27:52.133.

    www.jmrealtyonline.com/homes/118048092
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    4770 E Harbor Court Monticello, IN 47960

    • Price: $499,900
    • Status: Cont-AccptngBackupOffers
    • Updated: 40 min ago
    • MLS #: 202121754
    21
    Beds
    13
    Baths
    0
    ½ Baths
    0.68
    Acres
    4,972
    SQFT
    $101
    $/SQFT
    1940
    Built
    Neighborhood:
    Kaugh Naugh Waugh
    County:
    White
    Area:
    White
    Elementary School:
    Meadowlawn
    Middle School:
    Roosevelt
    High School:
    Twin Lakes
    School District:
    Twin Lakes School Corp.
    Property Description
    Pirates Cove Resort is located on a beautiful bay offering calm waters and great fishing on Lake Shafer. Fully operational with new and repeat customers. PRIME location within walking distance to Indiana Beach, boat rentals, and just a few minutes from two 18 hole golf courses, restaurants, drive-in movie theater and more. A peaceful and private setting (over a half acre) with direct waterfront, stunning views, and approximately 430 ft of waterfront. The numbers add up! There are 13 income producing units including the house that could be used as a manager's home. Three stand alone lakefront cottages and two lakefront hotel units that have 9 units total. The grounds include multiple patios, a heated in ground swimming pool, access to the lake from multiple spots, ample parking, and is located at the end of the street allowing for a quiet setting and privacy. Turn-key operation. Hit the ground running with a full calendar of bookings, live booking engine with external channel integration, included email, website and social media. A great investment opportunity!
    Exterior Features

    Channel Frontage 425 Driveway Gravel Exterior Vinyl Lake Type Ski Lake Location Lake Lot Description WaterfrontWater View Lot Dimensions .584040X110 Outbuilding None Parking Gravel Parking Spaces 30 Pool Type Below Ground Pool YN Yes Roof Material Asphalt Style Other Water Access Bayfront Water Features Pier/Dock Water Frontage 425 Water Name Lake Shafer Water Type Lake Waterfront YN Yes

    Interior Features

    Above Grade Bedrooms 21 Above Grade Finished Sqft 4972 Above Grade Unfin Sq Ft 0 Amenities Ceiling FanFireplaceDeck OpenLandscapedPatio Open Basement Foundation Walk-Out Basement Basement Material Block Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Window Dishwashers 1 Disposals 0 Dryers 2 Flooring CarpetVinylVinyl Tile Heating Fuel ConventionalForced Air Microwaves 13 Ranges Ovens 1 Refrigerators 13 Rooms Below Grade 0 Total Baths 13 Total Below Grade Sqft 0 Total Sq Ft 4972 Wash Dry Hookups 2 Washers 2

    Property Features

    Annual Electric Expense 2871 Annual Fuel Expense 2871 Annual Gross Rent 165714.4 Annual Insurance Expense 4000 Annual Maint Expense 1600 Annual Misc 9868 Annual Net Income 137011.4 Annual Property Tax 3600 Annual Trash Expense 413 Annual Water Sewer Exp 3480 Assoc Dues Frequency Not Applicable Buildings 6 Common Amenities DockLap PoolSwimming Pool Efficiencies 5 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 13810 Gross Monthly Rent 49212 Lease Term Week To Week New Construction No One Bedrooms 1 Owner Pays Building InsuranceCableElectricFuelHeatingLawn MaintenanceMaintenanceSewerTaxTrash Collection Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Other Reo YN No Sale Includes BuildingBusinessLand Sewer Regional Tenant Pays Deposit Value Three Bedrooms 1 Township Union Two Bedrooms 6 Units Rented 12 Water Utility PrivateWell Well Type Shared Year Taxes Payable 3264.96

    Listing courtesy of Bart Hickman of Real Estate Network L.L.C.
    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or JM Realty Associates, Inc..


    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or JM Realty Associates, Inc.. Data last updated: 2021-06-23T00:27:52.133.

     
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