350 Michelson Rd Houghton Lake, MI 48629

This exceptional 31-acre property in Roscommon County, Michigan, presents a unique investment opportunity. Located at 350 Michelson Rd, Houghton Lake, MI 48629, this land boasts two picturesque ponds, an oversized two-car garage with storage lofts and a workshop. A large deck and a well-established garden enhance the property's appeal. Situated just one mile from Houghton Lake Public Access, the location is ideal for outdoor enthusiasts, offering abundant wildlife and pre-existing hunting blinds. The property features a mix of wooded and open areas, suitable for various recreational uses. A significant advantage is a recently signed 25-year lease with a cell phone company for a 150 sq ft x 150 sq ft area at the rear of the property, generating a monthly income starting at $900, escalating to approximately $1200 by lease end. A $125,000 cash-out option is available immediately after installation. An additional existing sign on the property provides a supplemental $100 monthly income. This property is perfect for year-round living, a vacation home, or a group investment. Buyer to verify all information.