Homes for sale - 5968 W Houghton Lake Road, Houghton Lake, MI 48629...

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Jeff Rising

Cornerstone Real Estate

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

$ 975,000

Est. payment | -/mo

6 Beds

4 Baths

1,407 SqFt

Save

$ 975,000

Est. payment | -/mo

Save

6 Beds

4 Baths

1,407 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,407 sqft

Price per Sqft $692

MLS Listing ID 1931068

Style 2 Story

Bedrooms 6

Full Baths 4

Abv Grd Liv Area 1,407

Year Built 1975

Lot Size 0.750 Acres

Acres 0.75

Lot Dimensions 100x159x100x166

Property Sub-Type Single Family

Property Description

South Shore Marina with 100 feet of sandy beach waterfront, offering a versatile range of established and potential income opportunities. Primary home has been fully remodeled, top of the line finishes, with no expenses spared (just needs finishing touches to complete). Home boasts a main-floor, water-view master suite and updated kitchen and a water-facing patio. Two, water-view studio cottages have been completely remodeled and are fully-furnished with kitchenettes for two-person, couple functionality including shaded, water-view patios. These cottages have not been rented since the completion of remodel and were previously grossing $1000/month for 12-month rental and are estimated to be capable of $180 to $250 per night on short-term rental. Primary home could similarly be used as a primary home and/or could be rented on short-term rental for sleeping an estimated 10 to 12 people. Walk-out lower level could be finished into an additional unit maybe for a caretaker/owner residence. Western portion of property holds potential for additional construction --- possibly for additional rental cottages or another house. Launch a kayak, paddle board, and canoe rental business. Offer pontoon rentals for short-term rental clientele. Commercial zoning. Property currently sustains 36 boat slips with an annual gross rental income of $45,000 for seasonal slip rental. Gross income conservatively at $93,500 but could far exceed this number with vision and care. More financials available upon request.

Location

State MI

County Roscommon

Area Roscommon Twp (72011)

Zoning Commercial,Residential

Rooms

Basement Egress/Daylight Windows, Full, Outside Entrance, Interior Access, Unfinished

Interior

Interior Features Walk-In Closet

Heating Forced Air

Cooling Ceiling Fan(s)

Appliance Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer

Exterior

Garage No

Building

Story 2 Story

Water Private Well

Architectural Style Contemporary, Other, Cottage

Structure Type Vinyl Siding

Schools

School District Houghton Lake Comm Schools

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,Exchange/Trade,Land Contract

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

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

Listed by Brookstone Realtors

"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

5968 W Houghton Lake Road Houghton Lake, MI 48629