Megan Koch Real Estate Agent

512 Lake Shore Drive S, Lake Leelanau, MI 49653

$499,000
  • 512 Lake Shore Drive S, Lake Leelanau, MI 49653 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#1951814
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMI SCHOOLLeland Public School District

Property Description

Explore the potential of this 2.51-acre property ideally located in Lake Leelanau, within walking distance of local restaurants, wineries, distillery, grocery store, school, and church. Zoned R-3 High Density Residential in Leland Township, this property offers an exciting opportunity for investors looking to expand their portfolio or explore future development possibilities. The property currently features three rental units, including one studio-style unit, along with two trailers, each offering 2 bedrooms and 1 bathroom. With its convenient location, existing rental accommodations, and generous acreage, this property offers plenty of potential to generate income, enhance the existing rentals, or investigate future development opportunities. A rare opportunity to invest in the heart of desirable Lake Leelanau! The property has access off both S Lake Shore Drive and St. Joseph Street.

512 Lake Shore Drive S | MLS# 1951814

This multi-family property located at 512 Lake Shore Drive S, Lake Leelanau, MI 49653 is currently listed for sale with an asking price of $499,000. Lake Shore Drive S is located within the Leland Public School District school district. Search Lake Leelanau real estate on www.buysellwithmegankochnow.com today.

Property Features

Property Type: Multi Unit - Multiple
Home Style: Manufactured/Single Wide, Ranch, 1 Story, Manufact
Lot Size: 2.51 Acres
Roof Type: Metal
Year Built: 1900

Feature Descriptions

Appliance(s)/Equipment: Refrigerator, Oven/Range
Construction: Other, Frame
Days on Site: 6
Heating/Cooling: Forced Air, Ductless A/C
Heating/Cooling Source: Natural Gas
Lot Dimensions: 2.51 Acre(s)
Outbuilding(s): Yes
Renewable Heating/Cooling: Not Applicable
Road: Public Maintained, Blacktop
Sewer: Private Septic
Water: Private Well
Waterfront Type: No
Year Remodeled: 2022

Local Schools

School District: Leland Public School District

Listed By / Shown By

Listed By

Agency Name: Schaub Team Premier Realty
Agency Phone: 231-674-5950

Shown By

Agent Name: Megan Koch Real Estate Agent
Agent Phone: (517) 775-6261
Agency Title: Key Realty

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Estimated Payment

$ 2,936.81 per month $2,791.26 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.54 Homeowner's Insurance

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