1130 Higgins Lake Dr Roscommon, MI 48653

OFF-MARKET

Apartment buildings

Property ID

US43-3582678

1,648 SF 1.13 ac lot Built 1969

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Exceptional investment opportunity awaits with this multifamily property situated on over an acre of land at 1130 W Higgins Lake Dr, Roscommon, MI 48653. This 1-story, 1,648 square foot ranch-style home, built in 1969 and renovated in 2019, boasts 4 bedrooms and 1.5 bathrooms, a cozy fireplace, and abundant natural light. The property features 94 feet of stunning Higgins Lake frontage, complete with a dock, spacious yard, sand area, patio fire pit, and tiki bar. Adding to its investment potential are three additional cabins, each offering two bedrooms and one bathroom, with living areas and kitchens. These cabins have a proven rental history, promising consistent income. The property includes newly installed septic systems and wells. Zoned residential, this property presents a unique blend of personal retreat and lucrative investment opportunity. The APN is 0040320140320. Asking price is $2,320,000. Don't miss this chance to own a piece of paradise!

Property type Apartment buildings

Year built 1969

Total area 1,648 SF

Lot 1.13 ac (49,223 SF)

UPID US43-3582678

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

1130 Higgins Lake Dr Roscommon, MI 48653

Roscommon metro

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6 recent transactions · within 1.5 mi

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22.12 Acres

4736 Flint Rd

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