858 Rennie Lake Road Active Save Request In-Person Tour Request Virtual Tour
Union Twp,MI 49696
Key Details
Property Type Single Family Home
Sub Type Cottage,Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 1,645 sqft
Price per Sqft $544
Subdivision Meets And Bounds
MLS Listing ID 78080059831
Style Cottage,Ranch
Bedrooms 4
Full Baths 2
Year Built 1940
Annual Tax Amount $5,451
Lot Size 1.850 Acres
Property Sub-Type Cottage,Ranch
Property Description
Looking for a Great Short Term Rental this is it! A &J's Hideaway, just under 2 acres with 69' of Sandy Rennie Lake frontage. Raised Deck overlooking the lake 2 rental units 1(858 Rennie) House with 3 br 1 bath partial basement 1021 sq. ft then a 2nd (854 Rennie) Cottage unit with 1 br 1 bath 624 sq. ft. both have excellent rental income and include most furnishings. 45' x 24' garage for toys. Units have been updated , new roofs, windows, kitchens and baths, newer well and septic. Near acres of state land. A Rare find in the Forest Lakes area as this Union Twnsp with short term rentals allowed. 2024 Income over $50,000 with the new Rental Management Co projection of $85,000 + per year. This is dual listing with mls#1936725
Location
State MI
County Grand Traverse
Area Union Twp
Rooms
Kitchen Dishwasher,Dryer,Microwave,Oven,Range/Stove,Refrigerator,Washer
Interior
Hot Water Electric,LP Gas/Propane
Heating Forced Air
Cooling Ceiling Fan(s),Central Air,Window Unit(s)
Exterior
Parking Features Detached
Garage Description 3 Car
Waterfront Description Water Front,Lake/River Priv
Building
Lot Description Water View,Wooded,Hilly-Ravine
Foundation Basement,Crawl
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Asbestos,Block,Wood
Schools
School District Traverse City
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional