221 thompson

This home is full of potential, undergoing substantial renovation. Built in 1971 and located on a 0.36-acre plot, this property is being transformed into a spacious dwelling with 3 bedrooms, 2 and 1/4 bathrooms. In addition to the main living areas, it features 2 versatile bonus rooms on the second floor and 2 more in the basement, offering ample space for various needs. Approximately 80% of the renovation is complete, presenting a unique opportunity for a new owner to add their finishing touches. The modern, open concept layout seamlessly integrates the living, dining, and kitchen areas, creating a cohesive and inviting space. Conveniently located within 30 minutes of several renowned skiing destinations and picturesque lakes, this property is perfect for those who appreciate outdoor activities. There is also a public boat lunch close-by and two marinas, It's not only an opportunity to create a personalized home but also a valuable investment prospect. A contractor is already in place, ready to finish the renovation. The estimated cost to complete the project is between $45,000 and $50,000, according to the contractor's plans. Once completed, the After Repair Value (ARV) of the home is projected to be between $375,000 and $400,000, highlighting its potential as a lucrative investment.