8540 Silver Lake, Mears, MI 49436

City: Mears
State: MI
Zip: 49436
Price: $543,000
Beds: 7
Baths: 4.00
Year Built: 1950
External Material: Wood Siding
Roofing: Composition
Substructure: Crawl Space
Exterior Features: Deck(s)
Water: Well
Kitchen Features: Center Island
Air Conditioning: Central
Heat Source: Natural Gas
Fireplace: Living
Additional Items: All Window Treatments||Ceiling Fans||Ceramic Floor||Garage Door Opener||Wood Floor
Square Feet: 2,373
Lot Size: 60 x 37 x 50 x 250
Acres: 0.4000
Driveway: Unpaved
Street Type: Paved||Public
Sewer: Septic System
MLS Number: 18004589
Waterfront: Yes
Body of Water: Silver Lake
Water Frontage: 60
WaterFeatures: All Sports||Dock||Private Frontage||View
Full Description: 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 $4650 for all 3 together to sleep 20 people in 6 bedrooms, 4 baths, 1 laundry, 3 kitchens, 3 lakeside decks or patios. Legal is lots 13 & 36 (beach front) of Adelia Beach. One 2 bedroom, 1 bath cottages with new flooring. Plus a 3 bedroom, 2 bath connected to another 3 bedroom (1 is thesleeping loft). $15,000 new septic installed April 2017. 2017 rental income $50,918. 2016 rentals totaled $50,294.


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(616) 784-5115 or info@jharperealty.com

Listing Agent Contact Info:
Andrea L Crossman
Coldwell Banker Schmidt Realtors

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