About This Home

This 6-bedroom, 4-bathroom commercial at 2560 MILLERVILLE RD #1- 6 in Phelps, WI is listed for $849,000. on a 0.75 acres lot.

Key Features

  • 0.75 acre lot
  • Waterfront

Property Details

4 full
#1- 6

Amenities

SolarWaterfrontViewA/C
Listing Description

Outstanding Northwoods investment opportunity on premier North Twin Lake! This unique offering includes three fully furnished waterfront condominium homes being sold together as one package. Located on 2,788-acre North Twin Lake in Phelps, this established vacation rental property offers proven rental history, outstanding income potential, & endless possibilities for future growth.

The three residences feature a combined 6 BR & 4 BA, each with its own tax parcel while remaining part of a single condominium declaration. Continue operating as a successful short-term rental investment, create a corporate retreat, or enjoy as a private family compound while generating rental income.

Guests & owners alike will appreciate the super-level frontage, excellent fishing, boating, swimming, & year-round recreation. Conveniently located just steps from the public boat landing, the popular Great Escape Bar & Restaurant, & only minutes from downtown Phelps.

Sold turnkey with furnishings included, this investment is ready to generate income from day one. Recent improvements include a new furnace, water heater, front door, washer & dryer in the Eagle Nest unit, upgraded East/West & Eagle Nest decks, 5,000-lb.

power boat lift with solar charger, two additional dock sections, upgraded electrical improvements, new Eagle Nest ceiling, & central air ductwork for future expansion. A rare opportunity to own an established Northwoods waterfront vacation rental portfolio on one of Wisconsin's premier lakes!

Monthly Cost Estimate

$4,541/mo

20% down · 6.5% · 30 years

Principal$614
Interest$3,679
Insurance$248

Estimates only. Actual payments may vary.

Location

2560 MILLERVILLE RD #1- 6

Phelps, WI 54554

Property Details

Views

Water

Parking

Garage

Heating

Natural GasForced AirSpace Heater

Cooling

Central Air

Questions & Answers

This 6-bedroom, 4-bathroom commercial at 2560 MILLERVILLE RD is listed at $849,000. The estimated monthly payment is $4,541 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.75 acre lot, Waterfront.

This property is listed by KAY REIL and can be reached at 7158911094.

KR

KAY REIL

License 51999 - 90

Agent at RE/MAX Property Pros

(715) 891-1094

Listed by RE/MAX Property Pros · Broker phone: (715) 891-4948 · View on Broker Site

MLS# 218865· Source: Greater Northwoods MLS· 43 days on PropertySimple

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2560 MILLERVILLE RD #1- 6, Phelps, WI 54554

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