3182 W Houghton Lake Drive, Houghton Lake, MI 48629 (MLS# 201829335)
3182 W Houghton Lake Drive, Houghton Lake, MI 48629
$289,900
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
2,000
Status:
Active
Current Price:
$289,900
List Date:
5/08/2024
Last Modified:
5/14/2024
Description
Income Property with Three Units Near Houghton Lake!
This income property offers a lucrative opportunity with three units: two rentals and a groundskeeper's quarters. Conveniently located just minutes from Walmart and close to town, it boasts easy access to amenities. Situated near the picturesque Houghton Lake, it appeals to both residents and tourists alike.
All units are fully rented, ensuring a steady income stream. The property features a finished garage, providing additional space or storage options. Furthermore, there's room to add coin-operated washer and dryer facilities, offering convenience to tenants and potential additional revenue.
Recent upgrades include a new furnace installed at the end of 2023, ensuring efficient heating for all units.
Supplements: Additionally, the property is topped with a durable metal roof, minimizing maintenance costs and enhancing longevity. With its prime location, stable rental income, and recent improvements, this property presents a compelling investment opportunity.
More Information MLS# 201829335
Contract Information
Current Price: $289,900
Begin Date: 2024-05-08
List Price: $289,900
Status: Active
Property Information
Type: Residential Lot
Realtor.com Type: Residential-Single Family
Total Bedrooms: 4
Full Baths: 3
Total Bathrooms: 3
Garage Y/N: 1
Garage Stall: 2
Garage Type: Attached/UN
Style: Ranch
Construction: Frame
Frontage: None
Waterfront: No
Lot Size Dimensions: 50 x 120
Year Built: 1940
Above Grade Sq Ft: 2000
Total Bldg SqFt.: 2000
SqFt Source: Old MLS
School District: Houghton Lake
Location, Tax and Legal
County: Roscommon
St. #: 3182
Street Direction Pfx: W
Street Name: Houghton Lake
Street Suffix: Drive
State: MI
Zip Code: 48629
Ownership Status: Owner
Township/City/Village: Denton
Subdivision or T/R: Houghton Beach
Directions and Remarks
Directions: Head west on M-55 from Prudenville, make right on Edgewood--home is located at the corner of M-55 and Edgewood
Internet Access: Cable
Rooms
Living Room Size: 25 x 12
Living Room Level: 1st
Dining Room Size: combo
Dining Room Level: 1st
Kitchen Size: combo
Kitchen Level: 1st
Bedroom 1 Size: 11 x 13
Bedroom 1 Level: 1st
Bedroom 2 Size: 12 x 9
Bedroom 2 Level: 1st
Bedroom 3 Size: 9 x 13
Bedroom 3 Level: 1st
Bedroom 4 Size: 13 x 13
Bedroom 4 Level: 1st
Bath 1 Type: Full
Bath 1 Level: 1st
Bath 1 Size: 8 x 5
Bath 2 Type: Full
Bath 2 Level: 1st
Bath 2 Size: 8 x 5
Bath 3 Type: Full
Bath 3 Level: 1st
Bath 3 Size: 8 x 5
Utility Room Size: 12 x 18
Utility Room Level: 1st
Taxes and Possession
Taxes: $1,159.57
Tax Year: 2023
Homestead: No
Possession: Immediate
Association Dues: No
Property Features
Foundation: Crawl
Basement Specifics: None
Appliances & Equipmt: Refrigerator; Range/Oven
Heating/Air: Forced Air; Natural Gas
Laundry: Main Level
Water: Well
Sewer: Municipal
Age: 31+ Years Approx
Exterior: Aluminum; Steel
Exterior Features: Shed
Road: Paved; Maintained
Mineral Rights: Unknown
Business: Income Property
Showing Instructions: Appointment Only; Rented; Showingtime
Terms: Cash; Conventional Mortgage; FHA
LBP ›Listing Office: KW Northern Michigan Team Partners
Last Updated: May - 14 - 2024
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