4385 S US Highway 23 Greenbush, MI $ 1,500,000
4385 S US Highway 23
$ 1,500,000
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4385 S US Highway 23

Greenbush, MI, 48738
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 10,478

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View a Virtual Tour
Studio

Multi-Family Home for sale in Greenbush, MI

for $1,500,000. This home was built in 1960 on a lot size of 1.25.

Live and work on the shores of majestic Lake Huron in this 1.25 acre property offering a unique blend of luxurious living and income potential, making it the perfect live-in and investment property. Pristine lakeside land includes a meticulously updated main house and 8 charming cabins, all with breathtaking lake views. The main house boasts 3 beds and 2 full baths, a masterpiece of modern upgrades and functionality. Spacious open-concept living area flooded with natural light. Gourmet kitchen with top-of-the-line appliances, granite countertops, and a large island. Wall of windows offering panoramic lake views. Luxurious master suite with a spa-like ensuite bath. Also includes an office space with private exterior entry. The eight cabins are a perfect blend of rustic charm and modern comfort. Successful rental history providing a steady stream of income for the current owner. Whether you continue the rental business or use the cabins as guest accommodations for friends and family, this property offers exceptional income potential. Imagine waking up to the sound of the waves and the smell of fresh lake air, all while earning rental income! The property features well-maintained grounds, providing a serene environment for residents and guests alike. Enjoy long walks on the private beach, picnics on the beach, and water sports right from your doorstep. Lake Huron is renowned for its crystal-clear waters, and this property gives you a front-row seat to experience it all. Most cabins will come fully furnished - start collecting rental income right away! View drone video and 3D tour.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,612

Style

5+ Units

Lot Size

1.25

Year Built

1960

Town/City

Greenbush

County/Region

Alcona

MLS | Web ID

23146301

Features
General
Sewer Septic System
Heating Forced Air Natural Gas
Cooling Window Unit(s) Central Air
Utilities None Available Natural Gas Connected Electric Connected Cable Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Vinyl Siding
Year Built 1960
Tenant Pays None
Property SubType 5+ Units
Tax Year 2022
Community Features Lake
County Alcona
New Construction N
Property Type Multi-Family
Attached Garage N
Status Active
Directions North of Martel Road off of S US 23 on East side of road.
City Greenbush
Body of Water Lake Huron
High School District Oscoda
Zoning Description Commercial
Total Units 9
MLS Area Outside MichRIC Area - Z
Lot Size Square Feet 54450.0
Waterfront Y/N Y
Street Name US Highway 23
Land Lease Y/N N
Tax Annual Amount 9612.0
Lease Renewal Y/N N
MLS Area Minor Outside MichRIC Area - Z
Additional Parcels Y/N N
Rent Control Y/N N
Virtual Tour https://tour.virtual-inspection.com/1157233---4385-s-us-23-greenbush-mi-48738
Days on Market 113
Standard Status Active
Occupancy Description Owner
Tax Assessed Value 257775
Senior Community None
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Interior
Basement Slab
Total Fireplaces 11
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Common Area In Unit
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Driveway Gravel
Total Parking 14.0
Lot Size Area 1.25
Number of Buildings 11
Spa N
Lot Dimensions 150x570
Lot Size Acres 1.25
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4385
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* Excluded Features
List By
Kw Advantage

Broker

danielle@dshomesmi.com

Email

Affordability Calculator

$11,279
Per Month
93%
7%
0%
Monthly Principal & Interest
$10,478
Monthly Property Taxes
$801
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3479981 Elementary School
3479979 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/31/2023$1,500,000 Listed Price

Map


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4385 S US Highway 23, Greenbush, MI, 48738 is a Multi-Family Home for sale at $1,500,000 with a lot size of 1.25. 4385 S US Highway 23 is a studio with 0.0 baths and was built in 1960. The property's zip code is 48738 which is in Greenbush, MI