15412 Red Arrow, Lakeside, MI 49116

$629,000
12
SqFt
List Price
$629,000
Days on Market
71
MLS#
19001371
Status
ACTIVE
Type
Commercial
Full-baths
12
Living Area
12

Property Description

PLEASE TAKE MATTERPORT WALK THROUGH COTTAGE IN VIRTUAL TOUR IN PHOTOS. See Residential listing for information on cottage. 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 early September. Both buildings generate close to $40,000 per year after all expenses based on all the information I have 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 stron for several years. Information about revenues/ expenses available by contact Dan Coffey. The total square footage on this Commercial Listing includes one room rental and total cottage above grade. Residential listing does not include the commercial space information.

Additional Information

Taxes
$7,317
SEV
191000
Acres
0.3903
Air Conditioning
Central
Exterior Material
Wood Siding
Fireplaces
2
Heating
Forced Air
Heat Source
Natural Gas
Middle School
see agent remarks
Road Frontage
322
Roofing
Composition
School District
River Valley
Sewer
Public
Total Parking Spaces
10
Water Features
All Sports, Deeded Access
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Daniel Coffey with RE/MAX Harbor Country @ Union Pier.

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