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1990-1994 Lake Shore Drive - Whether you are looking for an excellent rental investment opportunity, a family compound or a vacation get away with extra income potential, this is the property you're looking for. Two newly remodeled cottages sitting on 185' of prime Mullett Lake frontage. Each cottage has 2 bedrooms, a full bath, spacious kitchen/dining/living area, a laundry and private dock. One unit is slightly larger with a sun room and the other has a large deck with a hot tub. Turn key option is available including furnishings, kitchen equipment, linens, etc. Owner currently uses it several times a year and rents it the balance of the year. The gross rental income (before management fees) for 2017 was approximately $45,000. Units are currently rented through Labor Day. See supplement for additional details.

Listing information

  • MLS® ID: 315351
  • Stories: 0
  • Foreclosure: No
  • High School: Cheboygan
  • Style: Other
  • Parking Type Description: None 0 cars
  • Lot Size: 185 x 103
  • Subdivision: Topinabee Yacht Club
  • Status: Active
  • New Construction: No
  • County: Cheboygan

Features

Appliances Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Basement Crawl Space, No
Business/Income Income Property, Other
Construction Frame
Cooling None
Electric Separate
Exterior Shed, Wood
Fuel Electric
Heating Electric
Interior Doorwall, Hot Tub, Other
Landscaping Lawn, Other
Laundry Main Level
Patio/Deck Open Deck, Sun Room
Sewer Shared Septic
Style Cottage, Ranch
Util Pd By Owner None
Water Shared Well
Water Heater Electric
Listing Courtesy of Carol A. Steiger of Re/Max North 846 S Main Street, Cheboygan, Mi 49721