This waterfront property has two fully established year-round dwellings on a 2.58-acre lot and is located on Prospect Bay, Rainy Lake about 10 minutes east of Fort Frances. There is approximately 320 feet of owned shoreline, and each lot has 66 +/- feet of waterfront beach. There is a boat ramp at the lake for easy access. The property lot is well maintained and beautifully landscaped with mature trees, shrubs and gardens. The lot has gentle sloping to the water. House #1, built in 1965 features, 2343 square feet of living area with 2 bedrooms, 2 full bathrooms, kitchen, dining and living room on the main level as well as a full walk-out basement with kitchen, living room, large bedroom, 3-pc bathroom and utility room; this dwelling could potentially be converted into two separate upper/lower units. House #2, built in 2000, features 2152 square feet of living area with 2 bedrooms, 2 full bathrooms, kitchen and living room on the main level as well as a full basement divided into a recreation room and large bedroom. The basement space is an open canvas to be finished as desired and is plumbed to develop a bathroom in the future. Recent updates include new vinyl plank flooring, tongue & groove pine on the walls and beautiful white cedar ceilings. In addition to the two dwellings, the property boasts two 2-car detached garages and a 40’x40’ shop. All buildings on the property have been well cared for and are low maintenance with metal roofing and vinyl siding. This unique property presents many possibilities; use as a family home or as a business/rental income opportunity! (id:7526)