15412 Red Arrow Lakeside, MI, 49116
$ 629,000Bedrooms Baths12.0 Sq 4,199
for $629,000 with 12 full baths. This 4,199 square foot building was built in 1950 on a lot size of 0.3903 Acre(s).
PLEASE TAKE MATTERPORT WALK THROUGH COTTAGE IN VIRTUAL TOUR IN PHOTOS. See Residential listing for cottage information. It is a true investment property opportunity with the bounty of allowing you to use the property up to 15 days a year for yourself and other days for making repairs, cleaning, etc. The commercial building is rented out year round to two tenants. The cottage has a very strong short term rental history and is rented pretty much all the time from June through earlySeptember. Both buildings generate close to $40, 000 per year after all expenses based on all the information I have been able to collect records including management fee of 23% for short term rentals.The vacancy on the Commercial Building has been ''nada'' for several years. The rentals of the Cottage has been very strong for several years. Total square footage includes cottage and one room apartment. Revenues and Expense summary available by contacting Dan Coffey.
Cooling System Central Air
Heating Source Natural Gas
Heating System Forced Air
Sewer Public Sewer
Water Source Lake Other Public Water
Construction Wood Frame
Parking 1-20 Parking Spaces
Road Frontage Paved
Siding Wood Exterior
Miscellaneous* Excluded Features
Acceptable Finance Cash
Utilities Broadband Internet Available Cable Electric Natural Gas Phone
List By Re/Max Harbor Country @ Union Pier
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% 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.
Learn more about how to save
Save time & pre-qualify for a mortgage in minutes.
Commerical listings in Lakeside, MI
Average List Price $629,000
Percent of Sale Price 0 %
About Lakeside, MI
-35 % Since 2002
$ 55,601 Median Income
59.81 Median Age
3 % Households with Children
River Valley School District