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HOT ISLAND LAKE DULUTH, MN 55803
- Single Family Home / Rent To Own
Property Details for ISLAND LAKE St, DULUTH, MN 55803
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Description
Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.
Don't miss out on this ISLAND LAKE property! Just 25 minutes out of Duluth this well maintained and spotless 2BR, 2BA home is a private oasis. Warm and welcoming foyer entry that leads to living room with wood burning fireplace, custom tongue and groove pine ceiling from local saw mill, and laminate hardwood floors. Updated kitchen with all new appliances, bath on lower level was completely renovated 2021, boiler replaced 2019, and roof 2019. Main floor bedroom with laminate hardwood floors and large closet space. Upstairs is a lovely primary suite with beautiful panoramic views, new bathroom, clawfoot tub, and ample closet space. You will also find a huge 27x30 garage with in-floor heat, floor drain, 220 electric, and bonus rec room upstairs plumbed for gas fireplace. Enjoy the wrap around deck that provides western views of the lake and gorgeous sunsets. 250' of level frontage to the lake is ideal for those of all ages. Dock included. Island Lake is a prime fishing spot and recreational haven. You will also find Boulder Lake Environmental center, cross country ski trails and snowmobiling trails close by. Potential to purchase leased land from MN Power in the future. Land value + 4% is approx. lease buy out. Showings Start Friday April 8th, schedule today before its gone! Listing agent related to Seller.
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