About This Home
This 2-bedroom, 1-bathroom single family at 4549 Old Oleary Island in Orr, MN is listed for $449,900 ($433 per sqft). Built in 1993, the home offers 1,040 sqft of living space on a 0.39 acres lot.
Key Features
- Built in 1993
- 0.39 acre lot
- Fireplace
- Waterfront
Property Details
Amenities
Welcome to Old Oleary Island on stunning Pelican Lake, a rare opportunity to own a fully operational short-term rental with good cash flow and an impressive booking rate on Airbnb/VRBO. Just a one-minute boat ride from the city of Orr, this 2-bed, 1-bath island retreat features water views from nearly every window, a cozy bunk house for extra guests, and a wood-fired hot tub for unforgettable evenings under the stars.
Newer septic system and docks on two sides of the island make for easy lake access. This is your chance to enjoy a Northwoods retreat while generating strong rental income, whether you keep it as a successful vacation rental, use it as your personal getaway, or both. Endless opportunities - too much to list! Be sure to view the virtual tour!
Monthly Cost Estimate
$2,406/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4549 Old Oleary Island
Orr, MN 55771
Property Details
Pool Features
Heating
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 4549 Old Oleary Island is listed at $449,900 ($433/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1993, 0.39 acre lot, Fireplace, Waterfront.
This property is listed by James Marx and can be reached at 2189691478.




