$349,900 for Sale
350 michelson road, houghton lake, MI 48629
| Beds 4 | Baths 2 | 1,500 Sqft | 31.80 Acres |
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Property Description
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 increasing 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.
General Information
Sale Price: $349,900
Price/SqFt: $233
Status: Active
MLS#: 20240051667
City: lake twp
Post Office: houghton lake
Schools: houghton lake comm schools
County: Roscommon
Acres: 31.8
Lot Dimensions: 1325X1396X954X1366
Bedrooms:4
Bathrooms:2 (2 full, 0 half)
House Size: 1,500 sq.ft.
Acreage: 31.8 est.
Year Built: 0
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1: 12x12
Bedroom 2 : 20x12
Bedroom 3: 14x12
Bedroom 4: 19x14
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved Street
Garage: 3.5
Garage Description: Detached Garage
Exterior: Vinyl Siding
Basement: No
Foundation : Crawl
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sanitary
Watersource: Private Well
Tax, Fees & Legal
Est. Summer Taxes: $1,300
Est. Winter Taxes: $200
HOA fees:
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Listing By: Sam Mahdi of EXP Realty LLC, Phone: 888-501-7085
