5968 W Houghton Lake Road

Houghton Lake, Michigan 48629

  • 6 Bed(s)
  • 4 Bath(s)
  • 1,407 Sqft
  • 0.75
    Acre(Lot)
$1,100,000

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.

  • Property Type

    Residential
  • County

    Roscommon
  • Style

    Apartment,Contemporary,Cottage,Other
  • AD ID

    46961224

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Property Details

  • Bedroom Information

    • Total Bedrooms : 6

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 4

    Room Information

    • Total Rooms: 12
    • Porches: Deck,Patio

    Interior Features

    • Egress Window(s)
    • Basement Description: Daylight,Interior Entry (Interior Access),Unfinished
    • Fireplace: Yes
    • Appliances: Dishwasher,Disposal,Dryer,Freezer,Microwave,Oven,Range/Stove,Refrigerator,Washer

    Heating & Cooling

    • Cooling: Ceiling Fan(s)
    • Heating: Forced Air
    • Heating Fuel: Natural Gas
  • Building Information

    • Year Built: 1975
    • Building Stories: 2 Story
    • Foundation/Basement: Basement
    • Architecture: Apartment,Contemporary,Cottage,Other

    Exterior Features

    • Construction: Vinyl

    Utility Features

    • Sewer: Septic Tank (Existing)

    Water

    • Well (Existing)
  • Lot Information

    • Lot Size: 0.75
    • Dimensions: 100x159x100x166
    • Water View,Hilly-Ravine
    • Waterfront: All Sports Lake,Dock Facilities
    • Waterfront Description: Water Front,Lake/River Priv

    Property Information

    • SQ ft: 1407
    • Subdivision: None
    • Financing: Cash,Contract,Conventional,Trade/Exchange
  • Listing Price Information

    • Original List Price: $1,100,000

    Listing Information

    • Possession: Negotiable
    • Legal Description: LOTS 1&2 BLK 11 VILLAGE OF HOUGHTON LAKE
  • Tax Information

    • Parcel Number: 0115550010000

    Possession

    • Negotiable

    Legal Information

    • Legal Description: Section: LOTS 1&2 BLK 11 VILLAGE OF HOUGHTON LAKE
  • Fire Place Information

    • Fire Place: Yes

    Utility Information

    • Water:Well (Existing)
    • Sewer:Septic Tank (Existing)
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BuyOwner last updated this listing 11/19/2024 @ 18:23

  • MLS: 614762489
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Home, with 6 bedrooms which is for sale, it has 1,407 sqft, 1 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Houghton Lake , in zip code 48629, this Roscommon County Home and are nearby neighborhoods.