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9225 Lake Boulevard
Chisago City, MN 55013-9602
Asking Price
$1.75M
Asset Type
Residential Land
Class
Class B
What's Special
Land | 5.262 acres <ul><li>Rarely does a property like this come to market. Set on over five acres with direct Green Lake frontage, this estate delivers the kind of space, privacy, and upside that's getting harder to find on the Chisago Lakes Chain.</li><li>With more than 5 acres of land, a 40x50 pole barn, and over 3,000 square feet of combined garage space, this property is built for big plans, renovation, expansion, income, or redevelopment.</li><li>The existing three-bedroom, two-bath home (built in 1987) s
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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,658.045
Annual Cash Flow
$-23,896.542