8512 CASCADE Street, Commerce Twp, MI 48382

$420,069 Asking Price

2 beds
1 bath
1,104  sqft
Built in 1952

Cooley Lakefront Retreat - Furnished 2 Bed, 1 Bath - Investment Opportunity Welcome to this beautifully furnished 2-bedroom, 1-bath lake house located on the sought-after South shore of All Sports Cooley Lake. This charming property has been a successful Airbnb rental, generating an impressive $55K in 2023 alone, with an additional $12K in revenue from pontoon boat rentals. Whether you're seeking a turn-key investment or a peaceful retreat, this home delivers both. Property Highlights: - 40 feet of private lake frontage with a sandy shoreline, perfect for swimming and water sports. - Enjoy stunning sunrise and sunset views from the comfort of your home or while relaxing on the wooden dock. - Features a unique built-in fireplace/pizza oven for lakeside gatherings, along with a lakefront fountain for a touch of serenity. - Unwind in the hot tub, just steps from the water, and embrace the tranquil atmosphere. - The home sits on a prime lakefront lot, offering endless potential for expansion or new construction if you're seeking the ideal location to build your dream home. Whether you're looking to continue the profitable rental operation or use it as your personal lakefront escape, this Cooley Lake gem offers the best of both worlds. Don't miss out on this rare opportunity to own a piece of lakefront paradise!


Features & Amenities

Interior

Appliances:
Dishwasher, Disposal, Dryer, Free standing gas oven, Free standing refrigerator, Washer
Basement:
Unfinished
A/C:
Central air
Heating:
Forced air, Natural gas
Fireplace:
Gas, Great room, Fireplace

Exterior

Style:
Ranch
Other Structures:
Deck
Pool:
None
Parking:
No garage, On street, Paved

Construction

Roofing:
Asphalt
General:
Block, One, Basement, Block

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Walled lake
County:
Oakland

Lot

Zoning:
T3N, R8E, SEC 36 RUSSELL BEACH THAT PART OF LOT 24 LYING IN WHITE LAKE TWP, 1236377003
Waterfront:
40

Utilities

Water:
Well
Sewer:
Septic Tank

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
Signature Sotheby's International Realty Nvl, Dylan Tent

About White Lake, MI

Housing

Number of Units
12,744
Median Home Value
$226,581
Median Rent
$1,076

12.35% of housing units are renter occupied.

5.40% are vacant.

Commute

Car
70.94%
Public Transportation
0.03%
Walk to Work
0.66%
Work from Home
27.86%
Other
0.42%

The median travel time to work is 24 minutes.

People

Population
30,751
Median Age
43.00
Median Household Size
2.88

Education

High School
25.05%
Associate’s Degree
10.26%
Bachelor’s Degree
21.78%
Graduate Degree
9.73%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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