Listing Courtesy of: Andrea Crossman - BEACON SOTHEBY'S INTERNATIONAL REALTY
$537,500
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8540 W Silver Lake Road Mears, MI 49436
Single Family
Residence
7
Beds
4
Baths
2,373
Sq. Ft.
0.4
Acre
Lot
Property Overview
Time on Site
days
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3 rental cottages on 1 Silver Lake waterfront lot. Owners paid $550,000 and put over $100,000 into these cottages. Dock. Great swimming, boating & fishing lake. Cottages all have a great view of the dunes & lake. Weekly summer rentals at $5450 for all 3 together to sleep 20 people. 6 bedrooms, 5 ba...ths, 1 laundry, 3 kitchens, 3 lakeside decks. Legal is lots 13 & 36 (beach front) of Adelia Beach. One 2 bedroom, 1 bath cottage with new flooring. Plus a 3 bedroom, 2 bath connected to another 3 bedroom, 1 bath. $15,000 new septic installed April 2017. 6 year average rental income $47,000+. New bath added 2019. Some new flooring and appliances in 2019.
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MLS#
19002139
Property Type
Single Family
Bedrooms
7
Bathrooms
4 Full
Year Built
1950
Square Feet
2,373
sq. ft
Price per Sq. Ft.
$226.51
Lot Size
0.4
Stories
1
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