1556 ROCHESTER RD

Estimated Monthly Payment: $1,591/mo 1556 ROCHESTER RD, Addison Twp, MI 48367 MLS# 2200025485 Residential Listing Status: Active
4
2
1,813 sqft
108
29
0
0

REMARKS:

Amazing 2 unit leased waterfront investment property on 4.5 acres with over 2000 feet of water-frontage. Round Lake is a beautiful private lake with great fishing. The lake allows only electric motors. This property has 2 units that are both leased out at $1200 per month. Unit 1 has been leased for 8 years and the current tenant would like to stay. Unit 2 is halfway through a 2 year lease and the tenant would like to extend. This great property could also work very well on AirB&B. Each unit could rent at $100-$150 per night with average occupancy rate of around 60-70% for the year. You can also up-charge for boat and fishing gear rental. This is a perfect investment property for someone with a passion for fishing. Call today to take a tour or call to discuss the AirB&B potential!

OVERVIEW:

Residential
Active
Realcomp II Ltd
Bungalow
1901
1813
4.58
Vinyl
Michigan Basement
2 Car, Attached,Electricity
Forced Air
Lp Gas/Propane
Ceiling Fan(S)
Round Lake
Lake Front,Water Front
Well-Existing
Septic-Existing

ROOM INFO:

4
2
Unfinished

SCHOOLS:

Oxford

FINANCIAL:

$349,000

NEIGHBORHOOD & SCHOOL INFORMATION:

 

Provided through IDX through Realcomp II LTD.

 

Courtesy of Signature Sotheby'S International Realty Nvl

 

Originating MLS:  Realcomp II Ltd

 

©2020 Realcomp II LTD. Shareholders

 


 

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