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8540 W Silver Lake Road, Mears, Michigan

$547,5007 Beds4 BathsActive

8540 W Silver Lake Road, Mears, Michigan 49436
- MLS® ID: 18004589

Property Details

8540 W Silver Lake Road, Mears, Michigan 49436 - 3 rental cottages on 1 Silver Lake waterfront lot. Owners paid $550,000 and put over $100,000 into these cottages. Dock. Great swimming, boating & fishing lake. Cottages all have a great view of the dunes & lake. Weekly summer rentals at $4650 for all 3 together to sleep 20 people in 6 bedrooms, 4 baths, 1 laundry, 3 kitchens, 3 lakeside decks or patios. Legal is lots 13 & 36 (beach front) of Adelia Beach. One 2 bedroom, 1 bath cottages with new flooring. Plus a 3 bedroom, 2 bath with laundry connected to another 3 bedroom/sleeping loft. $15,000 new septic installed April 2017. 2017 rental income $50,918. 2016 rentals totaled $50,294

Amenities

  • Zip49436
  • CountyOceana
  • SQFT2373
  • Bedrooms7
  • Full baths4
  • StatusActive
  • Purchase TypeActive
  • Property typeSingle Family
  • School districtHart
  • Year built1950
  • Lot size60 x 37 x 50 x 250
  • Waterfront descriptionSilver Lake
  • SewerSeptic System
  • HeatingForced Air
  • Tax amount$9,521.00
  • Tax year2016
  • MLS® ID18004589

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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