8532 W Silver Lake Road

Estimated Monthly Payment: $3,231/mo 8532 W Silver Lake Road, Mears, MI 49436 MLS# 16018784 Single Family Residence Listing Status: Active
8
4
2,650 sqft
543
36
0
0

REMARKS:

3 rental cottages on 1 Silver Lake waterfront lot. Owners paid $550, 000 & put over $100, 000 into these cottages. All 3 have new/newer roofs & flooring. Dock, sandy beach area. Great swimming, boating & fishing lake. Cottages all have a great view of the dunes & lake & could be sold off separately by turning into condominium units. Weekly summer rentals at $4950 for all 3 together. Sleeps 20 people in 6 bedrooms, 4 baths, 1 laundry, 3 kitchens, 3 lakeside decks/patios. 2008 appraisal at $615, 000 before many improvements. Legal is lots 14 & 35 (beach front) of Adelia Beach. Two 2 bedroom, 1 bath cottages w/new flooring, baths and remodels. 4 bedroom, 2 bath cottage w/large deck, new roof. Over $46, 000 income for summer 2016 and $42, 214.67 for 2017. Seller is licensed agent.

OVERVIEW:

Single Family Residence
Active
Golden Twp
O11 - Pentwater Weare Golden Hart
Masonoceanamanistee - O
Cabin/Cottage
1950
2650
17424
0.40
Crawl Space, Slab
Comp Shingle
Wood
Forced Air
Propane
Central, Window Unit
Unpaved
Shrubs/Hedges
Storage Shed
Well
Septic System
Cable
Silver Lake
Lake
60
All Sports, Dock, Private Frontage, View

FEATURES:

Deck(s)
All Window Treatments, Ceiling Fans, Ceramic Floor, Wood Floor
Microwave, Oven, Range, Refrigerator
Living
1
Screens

ROOM INFO:

8
4

SCHOOLS:

Hart

FINANCIAL:

$547,500
$8,812
2016

ROOM SIZES:

Level: M
Master Bedroom
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Master Bath
Dining Room
Kitchen
Laundry Room
Living Room

Listing Courtesy of Andrea L Crossman, Coldwell Banker Schmidt Realtors

 

Data last updated 10/21/2017

 

Information Deemed Reliable But Not Guaranteed.

 

©  2017  MichRIC, LLC. All rights reserved.

NEIGHBORHOOD & SCHOOL INFORMATION:

 

 Courtesy of Coldwell Banker Schmidt Realtors

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coldwell Banker Woodland Schmidt shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

©2017 MichRIC, LLC. All rights reserved.