$547,500
About this home
Currently operating as a restaurant with three units, this waterfront property on Lake Lashaway presents an exceptional opportunity. Featuring 3 apartments and 1 commercial space, this versatile property is ideal for investors or owner-occupants seeking mixed-use potential. Zoned commercially, it offers flexibility for various endeavors, including restaurant use (existing on the first floor), office space, or potentially retail, alongside the 3 residential units: two one-bedroom and one two-bedroom. Positioned for lakeside living intertwined with business possibilities, this property sits in a prime location. Lake Lashaway is a full recreational lake boasting a public boat ramp for fishing, jet skiing, kayaking, wakeboarding, and more. Offering a nontraditional opportunity to reside on the water while generating income, this property is sold as is, with the buyer assuming responsibility for the septic system. Given Title V failure, offers must be cash or rehab loan only.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.
- Real estate (PITI + HOA + PMI)
- $4,639
- Utilities
- $591
- Transportation
- $106
- Other (entertainment)
- $125
Quick facts
Home features
Neighborhood — 01515
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 1,351 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | 9.00% | 7.00% | 20.00% |
| Population Density | 132 | 786 | — |
| Male | 679 | 3,127,134 | 147,432,321 |
| Female | 672 | 3,317,797 | 151,655,844 |
| Never Married | 193 | 1,612,885 | 63,775,926 |
| Married | 710 | 2,586,314 | 123,120,365 |
| Separated | 29 | 247,857 | 12,639,686 |
| Widowed | 64 | 363,594 | 15,467,586 |
| Divorced | 96 | 436,888 | 23,075,029 |
| Number Of House Hold | 498 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.71 | 2.56 | 2.60 |
| Medial Age | 39.15 | 37.25 | 35.46 |
| Median House Hold Income | $61,213 | $57,698 | $48,276 |
| Average House Hold Income | $63,585 | $75,023 | $63,629 |
| P C I | $23,438 | $29,196 | $24,529 |
| M D I | $50,365 | $48,105 | $41,133 |
| A T H E | $51,550 | $57,083 | $50,898 |
| S T R | 5.00% | 5.00% | — |
| W C J | 72.96% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 5/10/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.