Saugatuck, MI 49453,790 Lake ST
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$ 1,285,000
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790 Lake ST Saugatuck, MI 49453

3,434 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 3,434 sqft

Price per Sqft $374

MLS Listing ID 71025042452

Year Built 1905

Property Sub-Type MultiFamily

Property Description

Exceptional Multi-Family Investment in Downtown Saugatuck. Incredible opportunity to own a premier multi-family property in the heart of Saugatuck with harbor views and an unbeatable location. Offering 3,434 sq. ft. across three distinct units, this property is ideal for an investor seeking income potential or for an owner-occupant looking to offset expenses with rental income.The main level features 2 bedrooms, 2 full baths, a spacious kitchen, dining room, living room, breakfast nook, wet bar, and covered porch. The front upper unit offers 2 bedrooms, 1 bath, full kitchen, living room, and porch with water views. The rear upper unit includes 1 bedroom, 1 bath, kitchen, living area, and private porch overlooking the pool and backyard. The lower level currently serves as storage and a laundry facility for the property.Beautifully landscaped grounds include two koi ponds, fire pit, patio, and a newer in-ground pool with fenced enclosure. Parking is generous with 7 spacesplus a 2-stall garageeasily converted into an amazing game or recreation room to enhance rental appeal.

Just steps from 2 amazing communities, this location offers the best of both worlds: stroll into downtown Saugatuck to enjoy restaurants, shops, galleries, and the waterfront boardwalk, or cross into Douglas for a quieter small-town experience.

Currently operated as a residence with two short-term rental units, this property comes with a transferable STR certificate, making it a rare and flexible investment opportunity.

Location

State MI

County Allegan

Area Area86062Saugatuck

Rooms

Basement Full

Interior

Interior Features Storage

Heating ForcedAir, NaturalGas

Cooling CentralAir

Laundry GasDryerHookup, InBasement, WasherHookup

Exterior

Parking Features Paved

Community Features Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected

Waterfront Description AllSportsLake, PublicLake, RiverFront

View Y/N Yes

View Water

Roof Type Composition

Building

Lot Description Level, Other

Sewer PublicSewer, SewerAtStreet, StormDrain

Water Public

Schools

School District Saugatuck

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Realcomp MLS
Listed by Laura J Durham of Mill Pond Realty
Tim Sova

Tim Sova

Broker Associate

+1(810) 844-2316

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790 Lake ST