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9518 MAIN Street Whitmore Lake, MI 48189 9401
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Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,870 sqft
Price per Sqft $161
Subdivision Mi
MLS Listing ID 60311306
Sold Date 07/24/24
Style 2 Story
Full Baths 5
Half Baths 1
Year Built 1914
Annual Tax Amount $14,283
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions Irregular
Property Description
Rare opportunity! Enormous 3,870 sq ft duplex on premier 680-acre all-sports Whitmore Lake with amazing sunrises and sandy frontage. First time on the market; the same family has owned it since the 1940s. Great rental income can be achieved through short-term furnished or weekly rentals with Airbnb. Or live in one and rent the other half; endless possibilities. The entry-level unit offers 3 BRS and 2 full baths, including a primary ensuite and a fabulous open living space. The upper-level unit offers 2 BRS and 2 full baths, including a primary ensuite, in-unit laundry, and an open living area leading to an upper-level deck with fantastic elevated lake views. The walk-out basement offers a full bath, kitchenette, and bedroom, which would be another source of income. There is also a screened room off the basement and a 1/2 bath. What is affectionately called the boat house was once a bait shop and boat repair business; it offers a fantastic screened porch on the water's edge. Units are metered separately; they only share the water and water heater. Lot size and income potential are estimates - based on yearly rental rates. Weekly summer rentals can net $175-$230 a night. Dock and all appliances are included; the seller would consider selling furnished
Location
State MI
County Washtenaw
Area Northfield Twp (81010)
Zoning Residential
Rooms
Basement Block, Partially Finished, Walk Out, Stone
Interior
Interior Features Cable/Internet Avail., DSL Available
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Vinyl Siding
Amenities Available Laundry Facility, Private Entry
Waterfront Yes
Building
Story 2 Story
Foundation Basement
Water Private Well
Structure Type Vinyl Siding
Schools
School District Whitmore Lake Pub School District
Others
Ownership Private
Assessment Amount $27
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Bought with LPS