Calling all investors in search of established income-producing opportunities! This centrally-located Bayview property with a magnificent water view is a thriving vacation rental with approved hotel zoning! Each unit has its own entrance–the lower level larger studio Unit #2 offers a generous kitchenette with a peninsula breakfast bar, a 3/4 bath, and shares a wall with an adjoining door to studio Unit #1, also with a 3/4 bath and a small eating area with a mini fridge and microwave. On the opposite side of the building is the entrance to the spacious upper level Unit #3, which boasts three bedrooms, a full bath, a 3/4 bath and laundry combo, a full kitchen with an island breakfast bar, and an open living room with wall-to-wall windows and a walk-out to the new deck overlooking Lake Pend Oreille’s Scenic Bay. The 0.35-acre lot provides ample parking, includes a shed for maintenance equipment, and is just a block or two from Captain’s Wheel Restaurant and Bitter End Marina! This is an incredible chance to assume existing bookings for guaranteed passive income!