This lakefront property, with a slow sloping bank down to the beaches of Lake Michigan has a lot of investment potential. There is 125 ft of lake frontage with 3.27 acres of wooded lot that crosses a pond in the woods. This lot could be broken up for another building site if desired. There have been several major updates made within recent years, just waiting to be cosmetically updated to personal taste. Has a very cute apartment upstairs with a kitchenette and a living room space, that could be easily converted into a rental. Full basement with high ceilings and lots of storage.
From US-31 turn north by Burger King onto Lakeshore Rd. Continue going until you come to the property on your left.
The approximate monthly Principal & Interest payment for this property would be $2,920. This payment is based on a 30-year loan at a fixed rate of 4.94 % with a down payment of $56,000. Actual lender interest rates and loan programs may vary.
Use our Mortgage Payment Calculator to determine a more exact payment estimate.
Community information and market data Powered by Onboard Informatics. Copyright ©2018 Onboard Informatics. Information is deemed reliable but not guaranteed. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.