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    Three-Unit Residential Income Property Title is generated by Realmo AI

    722 Lake St, Saugatuck, MI 49453

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    For Sale
    $1,100,000

    Three-unit property in Saugatuck with an updated main home and short-term rental setup near downtown access routes.

    Type:Investment
    Property size:
    2,200 SF
    Price / SF:
    $500/SF
    Added:
    Jun 1, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 6 at 4:15 am

    Property Features for 722 Lake St

    General Information

    Standard status
    Active
    Size
    2,200 SF
    Property subtype
    Investment

    Building Details

    Year Built
    1935

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    Listing Contact
    Marie Wiedenhoeft
    Marie Wiedenhoeft

    Listing agent Marie Wiedenhoeft

    Listing office @HomeRealty

    Listing date Jun 1, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of @HomeRealty

    HighLights

    • Three‑unit property in Saugatuck with updated main home and short‑term rental setup
    • Built in 1935; main home offers 2,200+ sq ft of living space with original hardwood floors
    • Main floor includes a front sun porch, high‑end kitchen, and two full bathrooms
    • Spacious primary bedroom with direct porch access, plus a family room with an attached full bath
    • Upstairs features two generous bedrooms and a large loft area currently used as additional sleeping space
    • Projected annual rental income models estimate well into six figures

    Overview

    This three-unit residential income property features a main home with character and updates throughout, plus additional units configured for short-term rental use. The main floor includes a finished front sun porch, original hardwood floors, a high-end kitchen, two full bathrooms, and a spacious primary bedroom with direct porch access. A separate family room with an attached full bath offers flexibility and could function as an additional primary suite. Upstairs, original flooring continues through two generous bedrooms and a large loft area currently used as additional sleeping space.

    Located at 722 Lake St in Saugatuck, the property is described as being two blocks from downtown. It also provides convenient access near Blue Star Highway without going through downtown traffic. The provided walk and bike scores are 33 (car-dependent) and 28 (somewhat bikeable), respectively.

    For operators, the layout supports a short-term rental strategy with dedicated sleeping areas inside the main home and space that can accommodate multiple guests. The seller’s remarks also reference projected annual rental income models estimating well into six figures, and the overall presentation is positioned as a maintained, updated setup intended for repeatable hospitality use.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Law Firm Real Estate Agency Spa & Massage Center Restaurant Hair Salon Nail Salon Auto Repair Shop Building Supply Gym & Fitness Center Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Saugatuck
    County
    Allegan
    State
    Michigan
    Longitude
    -86.1965413
    Latitude
    42.6525939

    FAQs

    What type of property is this?
    Short term rental property - Three-unit property in Saugatuck with an updated main home and short-term rental setup near downtown access routes.
    Where is this short term rental property located?
    The property is located at 722 Lake St Saugatuck, MI.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Three‑unit property in Saugatuck with updated main home and short‑term rental setup; Built in 1935; main home offers 2,200+ sq ft of living space with original hardwood floors; Main floor includes a front sun porch, high‑end kitchen, and two full bathrooms
    More about this property
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