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10760 Lake St
Chippewa Lake, MI 49320
Chippewa Lake Cabins on the Hill · Multifamily Property For Sale · 8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 3,945 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Apartment Style | Single Family Home | Year Built/Renovated | 1930/2018 |
| Lot Size | 0.88 AC | Parking Ratio | 1.52/1,000 SF |
| No. Units | 8 |
| Property Type | Multifamily |
| Apartment Style | Single Family Home |
| Lot Size | 0.88 AC |
| Building Size | 3,945 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1930/2018 |
| Parking Ratio | 1.52/1,000 SF |
Unit Amenities
- Vaulted Ceiling
- Refrigerator
- Range
- Dock
Site Amenities
- Waterfront
- Dock
About 10760 Lake St , Chippewa Lake, MI 49320
LIVE THE DREAM! Cabins to rent, beautiful home to live in, located on beautiful sandy lakefront of all sports Chippewa Lake. Seven, one bedroom cabins are nicely updated and tastefully decorated. Includes all inventory: furniture/decor, linens, kitchen/bath accessories, gazebo, swings, picnic tables. Two jet skis, pontoon boat and dock to be sold with business and real estate. Beautiful, spacious home includes fully finished walkout basement with additional outdoor living space in the covered patio and garden area. Upper deck includes custom sun shade and there's also a sunshade for the landing on the tiered deck to lakefront. Lots of counter space in the kitchen with large island and new appliances. The master bedroom includes a huge closet measuring 9' x 10' and a beautiful master bath with tub and walk in shower. AWESOME! Large laundry areas on both upper and lower levels. Beautiful perennial landscaping. The garage (former dance hall) faces the main road and offers additional opportunity. FINANCING ESTIMATE: 10% down, 30 years @ 4.25% interest = $2519 (Principal /Interest) Current annual expenses: current taxes total $6308, insurance $2294 brings monthly payment to $3235.00. With gross income of $3298 per month (average), that means this place pays for itself. Your out of pocket cost per month would be $290 per month, which includes sewer, weed control, cable and electric/gas. And you have a DREAM set up!! More details at www.UniqueRealEstate.online.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,245 | 320 - 1,705 |
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