216 S Harrison Road
Houghton Lake, MI 48629
- 12 beds
- 14 baths
- 10,195 sqft
- ~3 acre lot
- $39 per sqft
- 1970 build
- – on site
Welcome to 216 S. Harrison Road-A unique income-generating property in Houghton Lake! Currently operating as a boutique hotel on just over 3 acres, this property presents a fantastic opportunity for owner-operators or investors seeking strong returns. With 6 fully renovated units, this hotel has been successfully operating over the last two summers, drawing vacationers who come for Houghton Lake's year-round outdoor activities. The property also includes 4 units needing renovation (allowing for immediate expansion) and 2 pole barns. Additionally, there is a two-bedroom apartment unit with a private kitchen, living room, and bathrooms-ideal for extended stays or as an on-site residence. This apartment is currently undergoing renovation, adding even more potential for future income. Beyond its current operations, this property offers incredible potential for growth with the addition of 20-25 potential RV hookups on the surrounding 3 acres. The land is perfectly suited for RV camping, and with some infrastructure investments, you could attract an entirely new stream of summer campers. During the off-season, the property offers even more value by utilizing the land and pole barns for RV and boat storage during the winter. For investors, this property represents a rare opportunity. The boutique hotel is already established on platforms like Airbnb, with strong guest reviews, meaning you can begin to generate income immediately. By expanding the property to include RV camping and storage, you'll further enhance its income potential while capitalizing on Houghton Lake's popularity as a vacation destination. Houghton Lake is a premier location known for boating, fishing, snowmobiling, and hiking, drawing tourists year-round. The demand for short-term rentals and RV camping is strong in this region, and this property provides the perfect opportunity to meet that demand. With its established reputation, current operations, and potential for further development, this property is an ideal investment for those looking for
Listing courtesy of REALCOMP / EXP Realty
Last checked:
Checking…
•
Last updated Nov 14, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# 5050158820 —
The Building
-
Year Built:1970
-
Construction Materials:Brick
-
Architectural Style:Other
-
Foundation:Brick/Mortar
-
Foundation Details:Slab
-
Features:2+ Assigned Spaces
-
Stories:Other
Interior
-
Features:Other
-
Room Count:11
-
Lower Floor:0 Sqft
-
Basement:No
-
Fireplace:No
-
Total:10,195 Sqft
-
Total Combined:10,195 Sqft
-
Total Basement:0 Sqft
Financial & Terms
-
Land Contract:No
-
Short Sale:No
Location
-
Directions From East West Detail:Welch Rd.
-
Directions From North South Detail:Houghton Lake Dr. /
The Property
-
Property Type:Residential
-
Parcel Number:0112040010130
-
Homestead:Yes
-
Lot Size Dimensions:Irregular
-
Lot Size Area:3.02
-
Waterfront:No
Listing Agent
- Contact info:
- Agent phone:
- (989) 225-2388
- Office phone:
- (888) 501-7085
Taxes
-
Total Taxes:$3,630
-
Tax Amount Summer:$2,100
-
Tax Amount Winter:$1,530
Beds
-
Beds Total:12
Baths
-
Total Baths:14
-
Full Baths:14
Heating & Cooling
-
Cooling:Other
-
Heating:Forced Air
-
Heating Fuel:Natural Gas
Utilities
-
Sewer:Public Sewer (Sewer-Sanitary)
-
Water Source:Well (Existing)
-
Water Heater Fuel:Natural Gas
Appliances
-
Kitchen:Dryer, Microwave, Oven, Range/Stove, Refrigerator, Washer
Schools
-
School District:Houghton Lake
The Community
-
Subdivision Name:none
-
Association Fee:1
Parking
-
Garage:No
-
MF Parking:Assigned Spaces
Extra Units
-
Other Buildings:Pole Barn
IDX provided courtesy of Realcomp II Ltd., via Estately and East Central Association of REALTORS®, © 2024 Realcomp II Ltd. Shareholders
EXP Realty
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.
Monthly cost estimate
Asking price
$399,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,141
|
Taxes | $302 |
Insurance | $109 |
Utilities | $402 See report |
Total | $2,954/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/20/24
Oct 20, 2024
|
Listed / Active | REALCOMP | $399,900 |