Listing Courtesy of: Sam Mahdi - EXP Realty LLC 888-501-7085
$349,900 affordable loan icon Calculate Payment

350 MICHELSON Houghton Lake, MI 48629

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Single Family Residence
4 Beds
2 Baths
1,500 Sq. Ft.
31.8 Acre Lot
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Last updated on 9/20/2024 10:27 AM

Listing Details

Exceptional Investment Opportunity! Income-Generating Property! This property, located along M127, has a newly signed lease for a 150x150 sq ft area where a cell phone company will be installing a tower this fall. The 25-year lease agreement offers monthly payments starting at $900, gradually increa...sing to around $1,200 by the lease's end. There�s also a cash-out option of $125K available immediately after the tower is installed. An additional existing sign on the property brings in $100 per month. Welcome to this beautifully updated home nestled on 31.8 acres of tranquil land. The property boasts two scenic ponds, an oversized two-car garage with storage lofts and a workshop, a large deck, and a lovely garden. Just one mile from Houghton Lake Public Access, it�s a nature lover�s dream, offering abundant wildlife and hunting blinds for outdoor enthusiasts. Whether you're seeking a year-round residence or a vacation retreat, this property offers the perfect blend of modern comfort and natural beauty. Featuring a mix of wooded and open areas, it�s ideal for storing your recreational toys, hunting, or simply enjoying the surrounding wildlife. Despite its private setting, it�s conveniently close to town, making it a fantastic option for group investments or recreational use. BATVAI. Continue reading
Source MLS
MiRealSource
Originating MLS
RealComp
MLS#
60325363
Property Type
Single Family
Bedrooms
4
Bathrooms
2 Full
Square Feet
1,500 sq. ft
Lot Size
31.8
Stories
1.0
Sewer
Public Sewer
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Listing Courtesy of: Sam Mahdi - EXP Realty LLC 888-501-7085
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
This content last refreshed on 9/20/2024 10:27 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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