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    123 13Th St Prudenville, MI 48651

    Sponsored
    For Sale
    $564,900

    Turnkey Airbnb, Houghton Lake Views

    Property size:
    2,112 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Prudenville property offers a unique investment opportunity. Completely remodeled in January 2023, this 2,112 square foot home features two separate, fully furnished apartments, each with its own utilities (including dual furnaces, air units, electric meters, laundry, and tankless hot water heaters). The meticulous renovation included a complete roofline redesign with scissor trusses creating vaulted ceilings, new plumbing, electrical, and HVAC systems, a new 6" well, highly efficient insulation, and drywall. Exterior upgrades boast new windows and doors, durable siding, 50-year dimensional shingles, and seamless gutters. Both apartments showcase brand-new, high-end kitchens with top-tier appliances and luxurious bathrooms with porcelain sinks. The interior boasts exquisite hickory floors and stunning quartz countertops, along with custom Amish-made interior doors and trim. Currently operating as a highly successful Airbnb and VRBO, boasting 5-star reviews and commanding $795 per night during peak season weekends. Its prime location offers breathtaking Houghton Lake views, steps from Johnson Beach and a nearby boat launch, with the convenience of daytime mooring. This turnkey property is ready for immediate occupancy or continued operation as a profitable rental. All furniture and dГ©cor are included.

    Property Features for 123 13Th St

    General Information

    Property type
    Investment properties
    Square Feet
    2,112 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Prudenville
    County
    Roscommon
    State
    Michigan
    Longitude
    -84.66314
    Latitude
    44.30017

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    FAQs

    What type of property is this?
    Investment property - Turnkey Airbnb, Houghton Lake Views
    Where is this investment property located?
    The property is located at 123 13Th St Prudenville, MI.
    What is the asking price?
    The asking price for this property is $564,900.
    (989) 366-5522
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    123 13Th St Prudenville, MI 48651
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    Prudenville, MI 48651
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 13Th St Prudenville, MI 48651
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