1994 Lake Shore Drive $212,500

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    1994 Lake Shore Drive Topinabee, MI 49791

    • 2 Beds
    • 1 Baths
    • 1,050 sq.ft.
    • Residential
    MLS# 315927
    SOLD 5/10/2019

    $212,500

    Days On Market: 70 0 Views
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    Property Details

    Whether you are looking for a vacation get away with extra income potential, a rental investment opportunity, or a family get-away, this is the property you're looking for. Recently remodeled cottage sitting on 92.5' of prime Mullett Lake frontage with 2 bedrooms, a full bath, spacious kitchen/dining/living area, a laundry area and private dock. There's a spacious deck on the lake side with a 6 person hot tub. The seller is offering a turn key option that includes furnishings, kitchen equipment, linens, etc. Owner currently uses it several times a year and rents it the balance of the year. The gross rental income (before management fees) for 2017 was approximately $27,500 (the unit rented at $2,200 a month and was available during hunting and snowmobile season. See addendum for more info!

    • General Features
      • Type Residential Water
      • Style 1+ Story
      • Total Square Footage 1050
      • Age Unknown
      • Garage Type None
      • County Cheboygan
      • Subdivision Topinabee Yacht Club
    • Building Features
      • Construction Frame
      • Exterior Wood
      • Interior Features Hot Tub
      • Heating/Air Conditioning Electric
      • Appliances & Equipment Dishwasher, Drapes, Dryer, Range/Oven, Refrigerator, Washer
      • Laundry Kitchen, Main Level
    • Room Features
      • Bedroom 1 Size 11x11
      • Bedroom 2 Size 9x9
      • Dining Room Level 1st
      • Dining Room Size 21x 9
      • Kitchen Level 1st
      • Kitchen Size Combo
      • Living Room Level 1st
      • Living Room Size 12x12
    • Property Features
      • Exterior Features Deck, Hot Tub, Landscaped, Patio/Porch
      • Lot Size 92.5 x 103
      • Waterfront Yes
      • Lake/River Name Mullett Lake
      • Road Gravel, Private
      • Foundation Crawl
      • Frontage All-Sport
      • Amount of Frontage 92.5
      • Sewer Shared Septic
      • Water Shared Well
    • Schools
      • School District Cheboygan Area

    Neighborhood

    49791 (Topinabee) Demographics

    45Median Age
    307Population Density (per sq. mile)
    36%College Educated
    $51,786 Estimated Median Income
    105Estimated Total Home Owners
    17Estimated Total Renters
    86% / 14%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    331Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $0 Median Sales Price
    0 Homes Sold
    1 New On Market

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        Property History

        Date Event Price Percent Change
        -- New in Database Source
        5/10/2019 3:00:00 AM Sold Source New Value: $212,500

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