13436 Red Arrow Highway, Sawyer, MI 49125

$415,000
3
BD
3
BA
3,400
SqFt
List Price
$415,000
Price Change
▼ $25,000 1594056116
Days on Market
149
MLS#
20005542
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Bathrooms
3
Full-baths
2
Half-baths
1
Living Area
3,400

Property Description

Cash-flowing vacation rental for sale close to Lake Michigan in Harbor Country. Features two units: a 2,500 SF home & a 600 SF guesthouse, 900 SF unfinished basement. The property currently has occupancy for a total of 21 & parking for 20 vehicles. Estimated 7.9% capitalization rate for a year round short term rental operation. Financials available with signed confidentiality agreement. This is a turn-key operation, any items of sentimental value to the owner may be excluded from sale. Fenced back yard of 4,000 SF allows for outdoor events & 0.96-acre lot offers ample expansion opportunities. Zoned C (Commercial) with grandfathered use of Seasonal Resort Home under previous ordinance. Lease-option contract available with seasonal rent adjustment. Interior photos available - see agent.

Additional Information

Taxes
$3,380
SEV
136200
Acres
0.96
Basement
Yes
Driveway
Unpaved
Exterior Features
Deck(s), Fenced Back
Exterior Material
Vinyl Siding, Wood Siding
Heating
Hot Water
Heat Source
Natural Gas
Lot Description
Flag Lot
Lot Dimensions
216 x 417 x 125 x 303
Road Frontage
125
Roofing
Composition
School District
River Valley
Sewer
Public
Stories
2
Style
Cape Cod
Substructure
Full Basement
Water Features
Public Access 1 Mile or Less
Water
Public, Well

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Jonathon D Hallberg with NAI Wisinski of West Michigan.

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