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8532 W Silver Lake Road, Mears, Michigan

$547,5008 Beds4 BathsActive

8532 W Silver Lake Road, Mears, Michigan 49436
- MLS® ID: 18004585

Property Details

8532 W Silver Lake Road, Mears, Michigan 49436 - 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.

Amenities

  • Zip49436
  • CountyOceana
  • SQFT2650
  • Bedrooms8
  • Full baths4
  • StatusActive
  • Purchase TypeActive
  • Property typeSingle Family
  • School districtHart
  • Year built1950
  • Lot size60 x 40 x 60 x 250
  • Waterfront descriptionSilver Lake
  • SewerSeptic System
  • HeatingForced Air
  • Tax amount$8,812.00
  • Tax year2016
  • MLS® ID18004585

Listing Courtesy of Coldwell Banker Schmidt Realtors

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“Sandi and her team are the best. They sold my mother's house which prompted me to call her when my spouse and I were ready to sell our home. They kept in touch with us and sold within two weeks of listing. I would highly recommend her group for any real estate service.”

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