Homes for sale - 350 MICHELSON Road, Houghton Lake, MI 48629 9090

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Jeff Rising

jeff@therisingteam.com +1(517) 605-1286

$ 349,900

Est. payment | -/mo

4 Beds

2 Baths

1,500 SqFt

Save

$ 349,900

Est. payment | -/mo

Save

4 Beds

2 Baths

1,500 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $233

MLS Listing ID 60325363

Style 1 Story

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 1,500

Annual Tax Amount $1,500

Lot Size 31.800 Acres

Acres 31.8

Lot Dimensions 1325X1396X954X1366

Property Description

Exceptional Investment Opportunity! Income-Generating Property! This property, located along M127, has a newly signed lease for a 150x150 sq ft area where a cell phone company will be installing a tower this fall. The 25-year lease agreement offers monthly payments starting at $900, gradually increasing to around $1,200 by the lease's end. Thereâ€™s also a cash-out option of $125K available immediately after the tower is installed. An additional existing sign on the property brings in $100 per month. Welcome to this beautifully updated home nestled on 31.8 acres of tranquil land. The property boasts two scenic ponds, an oversized two-car garage with storage lofts and a workshop, a large deck, and a lovely garden. Just one mile from Houghton Lake Public Access, itâ€™s a nature loverâ€™s dream, offering abundant wildlife and hunting blinds for outdoor enthusiasts. Whether you're seeking a year-round residence or a vacation retreat, this property offers the perfect blend of modern comfort and natural beauty. Featuring a mix of wooded and open areas, itâ€™s ideal for storing your recreational toys, hunting, or simply enjoying the surrounding wildlife. Despite its private setting, itâ€™s conveniently close to town, making it a fantastic option for group investments or recreational use. BATVAI.

Location

State MI

County Roscommon

Area Lake Twp (72006)

Interior

Heating Forced Air

Exterior

Parking Features Detached Garage

Garage Spaces 3.5

Garage Yes

Building

Story 1 Story

Foundation Crawl

Water Private Well

Architectural Style Ranch

Structure Type Vinyl Siding

Schools

School District Houghton Lake Comm Schools

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by EXP Realty LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(517) 605-1286

jeff@therisingteam.com

105 E Maumee St, Adrian, MI, 49221, USA

350 MICHELSON Road Houghton Lake, MI 48629 9090