Three-Unit Residential Income
722 Lake St Saugatuck, MI 49453
For Sale
$1,100,000
Three-unit property in Saugatuck with an updated main home and short-term rental setup near downtown access routes.
Property Size2,200 SF
Price / SF$500
Days on Market55
Property Features for 722 Lake St
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1935
Listing Agency:
@HomeRealty
(616) 273-1519
Listed By:
Marie Wiedenhoeft
(616) 273-1519
Source:
Elliman
Added: Jun 1
Changed: Jul 10
Last Checked: Jul 24 at 9:31AM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
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
