13436 Red Arrow Highway, Sawyer, MI 49125

$440,000
3
BD
3
BA
3,400
SqFt
List Price
$440,000
Status
ACTIVE
MLS#
20005542
Price Change
▼ $21,000 1593190452
Style
Cape Cod
Above Grade SF
2500
Bedrooms
3
Total # Full Baths
2
Total # Half Baths
1
Year Built
1950

Property Description

Cash-flowing vacation rental for sale close to Lake Michigan in Harbor Country. Features two units: a 2,500 SF home & a 600 SF guesthouse, 900 SF unfinished basement. The property currently has occupancy for a total of 21 & parking for 20 vehicles. Estimated 7.9% capitalization rate for a year round short term rental operation. Financials available with signed confidentiality agreement. This is a turn-key operation, any items of sentimental value to the owner may be excluded from sale. Fenced back yard of 4,000 SF allows for outdoor events & 0.96-acre lot offers ample expansion opportunities. Zoned C (Commercial) with grandfathered use of Seasonal Resort Home under previous ordinance. Lease-option contract available with seasonal rent adjustment. Interior photos available - see agent.

Additional Information

County
Berrien
Township
Chikaming Twp
School District
River Valley
Basement/Foundation
Yes
Basement Description
Full Basement
Acres
0.96
Lot Dimensions
216 x 417 x 125 x 303
Water
Public, Well
Sewer
Public
Heating
Hot Water
Taxes
$3,380

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of NAI Wisinski of West Michigan.