Two homes on 16+-acres with Bear Lake frontage. Discover the limitless possibilities of this incredible lakefront property in Muskegon, nestled on a sprawling mostly-wooded parcel that backs up to the serene Bear Lake. This unique property includes two homes for a total rent potential of $4000/ month =$48,000/ year. Zoned as R3 (Multiple-Family Residential District). 5 possible splits- based on preliminary approval with Laketon Township. Total potential upside, if split as proposed, is a property value of $815,000. See proposed splits in image #54. Also included in additional documents in MLS documents.
Listing Status:
Active
Date Added:
April 24, 2024
—
29 days ago
Listing Office:
EXP Realty (Cascade), Kevin M Yoder (616-366-2591)
LAKETON TOWNSHIP L-346 SEC 12 T10N R17W E 1/2 OF W 1/2 OF LOT 2 EXC THAT PART DESC AS FOL: COM AT E 1/4 COR TH N 89D 39M 40S W ALG E & W 1/4 LN 2372.61 FT TO POB TH S 2D 28M 44S E ALG W LN OF E 1/2 OF W 1/2 OF GOV LOT 2 2200 FT M/L TO SHORE OF BEAR L A KE TH S 89D 39M 40S E 58.1 FT TH N 2D 46M 43S W ALG FENCE LN & ROW OF PINE TREES 2200 FT TH N89D 39M 40S W 46.58 FT TO POB, 09-012-400-0006-00
Utilities
Water:
Public Water
Sewer:
Public Sanitary
Financial
Source:
Greater Regional Alliance of REALTORS
Listing Agent Compensation:
No 0 Percent
Buyers Agent Compensation:
Yes 2.5 Percent
NA Compensation:
No 0 Percent
This listing courtesy of: EXP Realty (Cascade), Kevin M Yoder
Monthly Payment
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military housing area.
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Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
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Principal & Interest $--
Taxes $--
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*Your actual payment may vary based on your unique situation.