7474 N Us Highway 23 Oscoda, MI ^$ 850,000

7474 N Us Highway 23

^$ 850,000

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7474 N Us Highway 23

Oscoda, MI, 48750

^$ 850,000

Studio Baths9.0 Sq 5,500

Monthly Estimate*

^$ 5,938

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Studio

Multi-Family Home for sale in Oscoda, MI

for $850,000 with 9 full baths. This 5,500 square foot home was built in 1950 on a lot size of 0.48.

This is your fantastic opportunity to own a money-making, turn-key resort with potential for more profit! Barefoot Beach Resort sits on nearly 200 feet of the most pristine, sugar sand beach Lake Huron has to offer! Resort is located minutes from both downtown Oscoda and some of the finest golf courses northen Michigan has to offer! All eight cabins come fully furnished and 2023 prime season is already booked! In addition, over 90% of guests rebook for the following year while visiting. Cabins also contain wall furnaces that allow off season monthly rentals to ensure twelve months of profit. Whether you have always wanted to live in and run a resort or are looking to add a beautiful piece to your portfolio, this is it!

Multi-Family Active

Price

^$ 850,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 9,517

Style

Lot Size

0.48

Year Built

1950

Town/City

Oscoda

County/Region

Iosco

MLS | Web ID

60298153

Features

General

Heating Electric Heat Floor Furnace

Possession At Close

Water Private Well

Status Active Accepting Backup Offers

Full Baths 9

Half Baths 0

Bathrooms 9

Year Built 1950

Subdivision LAKE HURON SAND BEACH MI

County Iosco

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Oscoda Twp

Zoning Commercial

Structure Style 1 Story

Area Oscoda Twp (35006)

Primary City Oscoda

Directions 23 North through Oscoda. Between Aaron & Christopher.6651

City Oscoda

School District Oscoda Area Schools

Street Name US HIGHWAY 23

Financial Terms Cash Conventional

Legal Description LAKE HURON SAND BEACH SUB LOTS 62 & 63

DOM 19

Postal Code 48750

Price Per Sq Ft 154.55

Coming Soon This is your fantastic opportunity to own a money-making turn-key resort with potential for more profit! Barefoot Beach Resort sits on nearly 200 feet of the most pristine

Exterior

Exterior Aluminum Vinyl Siding

Frontage 0

Body of Water Lake Huron

Lot Size Area 0.48

Lot Dimensions 200.00 x 105.00

Water Features Lake Frontage All Sports Lake

Waterfront Y/N Yes

Interior

Fireplace? No

Total Number of Units 9

Fuel Type Electric Natural Gas

* Excluded Features

List By

Benjamin Corcoran

Listing Agent

Century 21 Metro Brokers

Broker

bencorksells@gmail.com

Affordability Calculator

$6,731

Per Month

Monthly Principal & Interest: $5,938
Monthly Property Taxes: $793
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Multi-family listings in Oscoda, MI

Average List Price ^$850,000

Percent of Sale Price 0%

About Oscoda, MI

971 Population

-14% Since 2002

^$34,999 Median Income

46.33 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2515262 Elementary School

2515174 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/4/2024	$850,000		Listed Price

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7474 N Us Highway 23, Oscoda, MI, 48750 is a Multi-Family Home for sale at $850,000 with 5,500 sqft and a lot size of 0.48. 7474 N Us Highway 23 is a studio with 9.0 baths and was built in 1950. The property's zip code is 48750 which is in Oscoda, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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7474 N Us Highway 23

Multi-Family Home for sale in Oscoda, MI

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