Lake Homes Realty
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5968 w houghton lake road

Roscommon Twp, MI 48629

$1,100,000

6 BEDS 4-Full BATHS
0.75 AC LOT
Residential - Single Family
Image 1
Bedrooms 6
Full Baths 4
Acreage 0.75
Status Off Market
MLS # 78080050803
County Roscommon
More Info
Category Residential - Single Family
Status Off Market
Acreage 0.75
MLS # 78080050803
County Roscommon
South Shore Marina with 100 feet of sandy beach waterfront, offering a versatile range of established and potential income opportunities. Primary home has been fully remodeled, top of the line finishes, with no expenses spared (just needs finishing touches to complete). Home boasts a main-floor, water-view master suite and updated kitchen and a water-facing patio. Two, water-view studio cottages have been completely remodeled and are fully-furnished with kitchenettes for two-person, couple functionality including shaded, water-view patios. These cottages have not been rented since the completion of remodel and were previously grossing $1000/month for 12-month rental and are estimated to be capable of $180 to $250 per night on short-term rental. Primary home could similarly be used as a primary home and/or could be rented on short-term rental for sleeping an estimated 10 to 12 people. Walk-out lower level could be finished into an additional unit maybe for a caretaker/owner residence. Western portion of property holds potential for additional construction --- possibly for additional rental cottages or another house. Launch a kayak, paddle board, and canoe rental business. Offer pontoon rentals for short-term rental clientele. Commercial zoning. Property currently sustains 36 boat slips with an annual gross rental income of $45,000 for seasonal slip rental. Gross income conservatively at $93,500 but could far exceed this number with vision and care. More financials available upon request.
Location not available

Exterior Features

  • Style Apartment, Contemporary, Cottage, Other
  • Construction Apartment, Contemporary, Cottage, Other
  • Siding Vinyl
  • Exterior Water View, Hilly-Ravine
  • Garage No
  • Water Well (Existing)
  • Sewer Septic Tank (Existing)
  • Lot Dimensions 100x159x100x166
  • Lot Description Water View, Hilly-Ravine

Interior Features

  • Appliances Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range/Stove, Refrigerator, Washer
  • Heating Forced Air
  • Cooling Ceiling Fan(s)
  • Basement Daylight, Interior Entry (Interior Access), Unfinished
  • Year Built 1975
  • Stories 2 Story

Neighborhood & Schools

  • Subdivision None
  • School Disrict Houghton Lake

Financial Information

  • Parcel ID 0115550010000

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