4743 WILDERNESS LN Rhinelander, WI 54529

Investment Giant. HUGE lodge on East Horsehead Lake with 2 living quarters totaling over 7000 square feet. This building was formerly a bar, and has been updated to an 8 bedroom, 5 bath property with shared condo water frontage, 41 parking spaces, and a 2 stall attached garage. Large rooms, incredibly tall ceilings in the main floor unit. Nice water views, outside space for gathering, sleds, etc. Great income potential. Oneida County has permitted this building for weekly rentals up to 16 people, and the number could be increased with a bigger septic tank. Recent rentals include some weeks booked for $6700 and otherwise averaging $370/night. Frydays Northwoods Condominiums has 6 units, and this unit, #6 has a 1 dedicated pier slip. Shared sandy beach, snowmobile trail runs through this former resort. Check out the link to VRBO in the remarks section.