548 N LAKE AVENUE Phillips, WI 54555

Floors 1 & 2 have a long-term tenant, floor 3 has a long-term tenant. Month-to-month leases/vacate clause. Buyer to verify all measurements and data.,Investment opportunity near downtown overlooking the Phillips Chain of Lakes! This spacious 4 BR, 5 BA original lumber baron's mansion on .892 acres o...ffers a setup for a multiple-unit rental, B&B, event rental, & more! Extensive restorative renovation was performed, keeping original features intact including maple floors, trim & staircase; servant's staircase; lakeside turret & more. The main floor offers a grand front entrance, great room w/wood-burning fireplace & original mantel, formal dining room, functional kitchen & 1/2 bath. The 2nd level includes a library & 3 luxurious BR suites, featuring lake views & gorgeous spa suite w/air tub! The 3rd level provides a separate 1 BR, 1 BA unit w/picturesque lake views, lakeside turret, kitchen & private & interior entrance. Enjoy as your permanent or vacation residence or your next investment--multiple unit rental, event rental & more! Located on ATV & snowmobile trails & nearby Elk Lake Park, shopping & abundant recreation. Call today!! Continue reading