5921 W Houghton Lake Drive
Houghton Lake, MI, 48629 $ 289,900
Bedrooms3 Baths3.0 Sq 3,660 Monthly Estimate*
$ 1,927
for $289,900 with 3 bedrooms and 3 full baths. This 3,660 square foot home was built in 1840 on a lot size of 0.12.
Opportunities are abundant with this Commercial/Residential property. You can live here and/or work here OR if you're looking for an investment, considering the income potential with this property it could pay for itself. The building boasts 2 Turn-key apartments, over a thousand sq. ft. of Commercial space, along with roughly another thousand sq. ft. of Storage space and ample Parking. The building has been renovated over the past 5 years and the updates include but are not limited to a new Well, On-demand Hot Water, Blown Insulation, Flooring, Cabinets, Bath Fixtures, Lighting, Windows, Paint, Doors, and much more. The Commercial Space is currently a Gift Shop. The two apartments are freshly appointed and permitted with reservations in place for short-term rentals this summer. Location! Location! Location! Spectacular Lake Views! It's across the street from Houghton Lake, the largest natural inland lake in the State of MI. And, to top it off, it's kiddy- corner from Lakeview Waterfront Park which has a sunny beach, a fishing pier, and a boat ramp. Hundreds of miles of trails for ATVs are accessible nearby as well as biking, hiking, boating, golf, skiing, swimming, birdwatching, and much more. Stores, Restaurants and bars are within walking distance. Location! Location! Location! Spectacular Lake Views! It's across the street from Houghton Lake, the largest natural inland lake in the State of MI. And, to top it off, it's kiddy- corner from Lakeview Waterfront Park which has a sunny beach, a fishing pier, and a boat ramp. Hundreds of miles of trails for ATVs are accessible nearby as well as biking, hiking, boating, golf, skiing, swimming, birdwatching, and much more. Stores, Restaurants and bars are within walking distance.
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FeaturesGeneralInterior Features Drywall
Roof Asphalt
Zoning Residential Commercial
Sewer Private Septic
Construction Frame
HOA Fee Includes None
School District Houghton Lake Community Schools
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ExteriorGarage Capacity 0
Water Features Water View
Land Features Cleared
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* Excluded FeaturesList ByCentury 21 Northland-Houghton LkBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,927
- Monthly Property Taxes
- $138
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% 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 NearbySingle family listings in Houghton Lake, MI
Average List Price $324,040
Percent of Sale Price 12%
About Houghton Lake, MI 3,609 Population
-3% Since 2002
$ 32,200 Median Income
51.78 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
2034276 Elementary School
2034023 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/17/2024 | $289,900 | | Listed Price |