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 $2,798. This payment is based on a 30-year loan at a fixed rate of 4.54 % with a down payment of $56,000. Actual lender interest rates and loan programs may vary.
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