787, Lake, Saugatuck, MI, 49453
Basics
- Date added: Added 19 hours ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 6
- Lot size: 0.97 sq ft
- Year built: 1920
- Bathrooms Full: 6
- Lot Size Acres: 0.97 acres
- Business Type: Other
- County: Allegan
- MLS ID: 26010197
Description
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Description:
Waterfront investment property!
Show all description
This premier 7-bedroom, 6-bath waterfront home is a standout investment opportunity at $1.8 million. Newly remodeled and furnished with high end furniture included in the sale. Accommodating up to 14/16 guests, it features a charming four-season front porch, back patio for outdoor BBQ's, a private hot tub, and it's part of an 11-unit association offering a shared pool. This home comes with 2 of the associations premier end docks that only owners can enjoy with a gate to keep your boat secure. Perfectly positioned between downtown Saugatuck and Douglas, it's just a stroll away from great restaurants, shopping, bars, and parks. Ideal for large groups and unforgettable getaways! Could be converted back to a bed and breakfast again if someone wanted to make that their residence and offer rooms to rent.
Location
- Directions: Bluestar to lake to address on the left.
Building Details
- Building Area Total: 2744 sq ft
- Number Of Units Total: 1
- Construction Materials: Vinyl Siding
- Heating: Baseboard, Forced Air, Hot Water
- Roof: Composition
- Foundation Details: Block
- Number Of Buildings: 1
Amenities & Features
- Parking Total: 6
- Inclusions: Real Estate, Licenses, Inventory, Furniture
- Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
- Waterfront Features: Lake
- Interior Features: Broadband
- Cooling: Central Air, Window Unit(s)
Fees & Taxes
- Tax Assessed Value: $358,280
- Tax Year: 2020
- Tax Annual Amount: $21,250
- Gross Income: $150,000
- Maintenance Expense: $3,500
- Manager Expense: $20
School Information
- High School District: Saugatuck-Douglas
- HighSchool: Saugatuck High School
- Middle Or Junior School: Saugatuck Middle School
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Bridge and Bluestar
- Listing Terms: Conventional, Cash
- Tenant Pays: Prop Taxes/Assess, Building Insurance, Electric, Gas, Sewer, Water
