For Sale: Hayward MLS# 7049104
Active
$499,900
Multi-family: Apartments
4 br • 4 ba • Built 1993
1,833 sqft • 0.24 acres
MLS# 7049104
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Property Description
Turn-Key Lakefront Investment or Family Retreat on Nelson Lake! Rare opportunity to own 7 individual condo units (Units 15–21) at Birch Point Resort in Hayward. These fully furnished, remodeled units are currently operating as successful short-term rentals with strong income potential, while also offering a unique multi-family setup—allowing everyone their own private space while vacationing together. Each unit features a private deck with beautiful lake views. There is currently one dock installed, with designated spaces available for each unit to add additional docks, offering future flexibility and value. Unit #17 has been newly remodeled and includes a kitchenette, making it especially attractive for extended stays, while the remaining units offer two beds, private bathrooms, and adjoining layouts—ideal for accommodating larger groups. Birch Point Resort delivers a true Northwoods experience with private beach access, a volleyball area, and direct lake enjoyment on Nelson Lake. Guests benefit from convenient nearby dining options, including a bar within walking distance and additional restaurants accessible by boat, along with close proximity to ATV/UTV and snowmobile trails for year-round recreation. The association is vacation rental friendly and handles lawn care and snow removal, creating a low-maintenance ownership experience. Association dues are $190.48 per unit, paid quarterly. Major updates include a roof approximately 7 years old and a boiler replaced approximately 3 years ago. Each unit has its own tax ID, providing flexibility to sell individually or maintain as a high-performing investment portfolio. Additional Birch Point units (9–14, excluding 13) are also available for purchase. Virtual tour and new photos coming end of April/beginning of May. Fuel Source is Hot Water and Radiant. Zoning is also Recreational. Unit #21 is only room with accessible features in bathroom. The second bathroom in rooms is in unit #21.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$499,900
Price per sq ft:
$273
Property Type:
Multi-family
City:
Hayward
Garage Spaces:
0
County:
Sawyer
Year Built:
1993
State:
WI
Property Style:
Apartments
Zip Code:
54843
Subdivision Name:
Birch Point Condominiums
Interior
Bedrooms:
4
Bathrooms:
4
Finished Area:
1,833 ft2
Living Area:
1,833 ft2
Refrigerators:
One Per Unit
Basement Details:
- Crawl Space
- Partial
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
1,834 ft2
Fencing:
None
Handicap Accessible:
Doors 36"+, Grab Bars In Bathroom, No Stairs External, No Stairs Internal, Other
Road Responsibility:
Association Maintained Road
Heating System:
- Baseboard
- Hot Water
- Radiant
Parking Features:
- Gravel
- Unassigned
Shared Amenities:
- Beach
- Boat Slip
- Dock
- Laundry
- Patio
- Trail(s)
Exterior Material:
Block
Pool:
None
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
- Common Area
- Laundry Room
- Lower Level
Lake & Waterfront
Waterfront View:
Lake
WF Frontage:
1400
Elev Highpt to WF feet:
10-15
Waterfront:
Lake Front
Lake Bottom:
- Gravel
- Rocky
- Sand
Lot & Land
Acres:
0.24
Geolocation:
46.0768234801, -91.4604969138
Lot Dimensions:
80 x 24
Addl Parcels:
16014, 16015, 16016, 16017, 16018
Zoning:
- Business/Commercial
- Other
- Residential-Multi-Family
- Residential-Single Family
- Shoreline
Lot Description:
- Accessible Shoreline
- Tree Coverage - Light
Farm
Topography:
Level, Wooded
Schools
School District:
1707
District Phone:
7153543471
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,440
Annual Fuel Expense:
$5,058
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,570
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,570
Income
Annual Gross Income:
$45,709
Rent
Annual Net Income:
$33,879
Units
Total Units:
4
Miscellaneous
Fuel System:
Other
Owner Occupied:
No
Sewer System:
- Septic System Compliant - Yes
- Shared Septic
Water System:
- Shared System
- Well
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of Chippewa Valley Real Estate, L.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.