38
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$1,050,000
Est. payment /mo
3,500 SqFt
Price Dropped by $25K
722 Lake Street Saugatuck, MI 49453-9435
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $300
Subdivision Mi
MLS Listing ID 70533717
Year Built 1935
Annual Tax Amount $10,560
Tax Year 2025
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 53x205
Property Sub-Type Multi-Family
Property Description
An exceptional opportunity in the heart of Saugatuck, this meticulously maintained three-unit property blends historic charm, thoughtful updates, and outstanding short-term rental potential. Just two blocks from downtown with convenient Blue Star Highway access, it offers projected annual rental income well into six figures. The 2,200-square-foot main home features original hardwood floors, a high-end kitchen, flexible sleeping spaces, multiple living areas, and a private rooftop deck. Two renovated carriage-house units provide additional guest accommodations, including a studio and an upper apartment with a full kitchen. Turnkey and versatile, it is ideal as an investment, personal retreat, or income-producing compound.
Location
State MI
County Allegan
Area Saugatuck (03039)
Rooms
Basement Egress/Daylight Windows
Interior
Heating Forced Air
Exterior
Exterior Feature Aluminum
Parking Features Additional Garage(s)
Building
Lot Description Sidewalks, Wooded
Foundation Basement
Structure Type Aluminum
Schools
School District Saugatuck Public Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional,VA
Virtual Tour https://www.propertypanorama.com/instaview/wmlar/26024016
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Listed by HomeRealty, LLC
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