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    OFF-MARKET
    Commercial real estate

    1130 Higgins Lake Dr, Roscommon, MI 48653

    1,648 SF 1.13 ac lot Built 1969
    Property ID
    US43-3582678
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    Year built 1969
    Total area 1,648 SF
    Lot 1.13 ac (49,223 SF)
    APN 0040320140320
    UPID US43-3582678
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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