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$499,000
Est. payment /mo
616 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 616 sqft
Price per Sqft $810
MLS Listing ID 78080074726
Style Modular Home,Ranch
Year Built 1900
Lot Size 2.510 Acres
Acres 2.51
Property Sub-Type MultiFamily
Property Description
Explore the potential of this 2.51-acre property ideally located in Lake Leelanau, within walking distance of local restaurants, wineries, distillery, grocery store, school, and church. Zoned R-3 High Density Residential in Leland Township, this property offers an exciting opportunity for investors looking to expand their portfolio or explore future development possibilities. The property currently features three rental units, including one studio-style unit, along with two trailers, each offering 2 bedrooms and 1 bathroom. With its convenient location, existing rental accommodations, and generous acreage, this property offers plenty of potential to generate income, enhance the existing rentals, or investigate future development opportunities. A rare opportunity to invest in the heart of desirable Lake Leelanau! The property has access off both S Lake Shore Drive and St. Joseph Street.
Location
State MI
County Leelanau
Area Area45021Lelandtwp
Rooms
Basement Other
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
View Y/N No
Building
Sewer Septic Tank
Water Well
New Construction No
Schools
School District Leland
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Virtual Tour https://revolutions-air.aryeo.com/videos/01a16645-b025-7113-901e-8cdb4ca9fb06
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Listed by Melanie Schaub of Schaub Team Premier Realty
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