1130 Higgins Lake Dr, Roscommon, MI 48653
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!
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.