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Additional details

Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 1,450,000

Est. payment -/mo

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Active

205 Pack ST Oscoda, MI 48750

23 Beds

14 Baths

36,067 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 36,067 sqft

Price per Sqft $40

MLS Listing ID 61050183403

Bedrooms 23

Full Baths 13

Half Baths 1

Year Built 1953

Lot Size 0.820 Acres

Property Sub-Type MultiFamily

Property Description

Cottage Cove \ 205 Pack Street, Oscoda, MI 48750 Portfolio package is also available: 200 Pack, 203 Pack. and 205 Pack. Turnkey Lakefront Investment \ 12 Cash-Flowing Units on Lake Huron Welcome to Cottage Cove, a rare, legacy waterfront investment opportunity on the sandy shores of Lake Huron in the heart of Oscoda, Michigan. Spanning just under an acre (0.828 acres) and offering an impressive 176 feet of pristine frontage, this charming, income-generating cottage resort features 12 fully-equipped units, ideal for vacation rental, boutique resort operation, or seasonal workforce housing. Property Highlights: 12 Turnkey Units with private entrances and individual utilities 7,688 total finished square feet across all buildings 33 total bedrooms and 15 bathrooms Mixture of 1-, 2-, and 3-bedroom cottages, including larger units up to 1,499 SF Historic charm dating back to 1948"“1957, well-maintained with recent improvements Several units have private decks and porches with views of the water Beautiful natural wood finishes, vintage exteriors, and simple beach-style interiors Well and public sewer services in place Zoned Commercial R4-Improved (Class 201) - supports hospitality operations, as well as Multi-Family Ample guest parking and outdoor recreation space Located on a quiet street (Pack Street), steps from Oscoda's downtown and pier Unit Breakdown (by size): Cottage Units range from 480 SF to 1,499 SF Larger units include multi-bedroom family-size homes with full kitchens Smaller, cozy cottages perfect for couples or small families Separate office/reception unit for streamlined operations MLS does not allow the opportunity to property convey all of the units bedroom and bathroom count. Please refer to the resort website for additional information: https://hungerandransom.com/vacation-rental/lake-huron-resort Investment Opportunity: Cottage Cove is a proven income-producing asset with exceptional seasonal and year-round rental potential. Whether you're looking to expand your short-term rental portfolio, d

Location

State MI

County Iosco

Area Area35021Oscodatwp

Interior

Heating NaturalGas, OtherHeatingSource

Cooling CeilingFans, CentralAir, WallWindowUnits

Exterior

Community Features Park, Playground, Sidewalks, StreetLights, WiFiAvailable

View Y/N No

Building

Foundation CrawlSpace, Slab

Sewer PublicSewer

Water Public

New Construction No

Schools

School District Oscoda

Others

Acceptable Financing Cash, Contract, ConvBlendRt, Conventional

Listing Terms Cash, Contract, ConvBlendRt, Conventional

Special Listing Condition CorporateRelocation, ShortSaleNo

Listed by Christopher Parker of EXP Realty

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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