$315,000 Price Analysis    ♡   Lake City, MI 49651 4 bed 2 bath 2,151 SqFt ($146/SqFt) 0.36 acre lot. Built 1930 Listed 2024-05-15, Taxes $2,411 | ✓ USDA Eligible near Lake City, MI Restrictions may apply due to home size |
The iconic Cobblestone Station that welcomes you to the south end of Lake City offers a buyer many options.
It has been used as a single family home for the last several years. The home has been completely renovated, keeping the charm of the local field stone in place. The home is set up as two separate apartments, each with its own electric meter. The main floor offers one large bedroom, bathroom, kitchen and the living room area which showcases the old stone pillars and stone wall of th home. As you enter the upstairs through the arched entryway, you will find another fully finished living space. With an open floor concept there is a full kitchen, bathroom, living room and bedroom. The architecture of the large dormers allows for plenty of floor space and natural light.
Outside you will discover a small guest house, complete with a shower, toilet and sink area. This has potential for another rental income. There is a fenced yard offering privacy and plenty of room to play or park your toys. With no zoning for this township, this property offers many possibilities and would make a extraordinary two unit apartment, office or retail space with living upstairs. It would make a great short term rental investment, with the ability to have 3 separate rentable spaces plus room for RV parking. Downtown Lake City is a bike ride away where you can enjoy the beaches of Lake Missaukee, the Greatest Fourth in the North celebration and hit all of the eateries and pubs available. Come be a part of this great piece of history and see all of the charm that this property brings. With a large down payment, there could be possibilities for seller assisted financing.
Presented by Greg Bosscher at
Five Star Real Estate - Cadillac Office.
Property MLS #1922312 from NGLRMLS
Full Bathrooms: 2
Oven/Range
Blinds
Drapes
Curtain Rods
Ceiling Fan
Electric water Heater
Heating Fuel: Natural Gas
Forced Air
Space Heater
Patio
Roads: Public Maintained, Blacktop
Lot Size Dimensions: 92 x 170
Lot Size Square Feet: 15682
Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Square Feet: 1277
Unit-2 Square Feet: 874
Map directions Map directions Map directionsSource Listing Status: Active
County: Missaukee
Directions: Corner of M-66 and Jennings Rd
Ownership: Corporate Owned
Source Property Type: Multi-Family
Township: Reeder
Property Subtype: Duplex (2 Story)
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $57,700 | $2,411 |
| 2021 | $unknown + $unknown $53,100 | $2,351 |
| 2020 | $unknown + $unknown $53,100 | $2,438 |
| 2019 | $unknown + $unknown $52,300 | $2,389 |
| 2018 | $unknown + $unknown $56,600 | $2,571 |
| 2017 | $unknown + $unknown $55,800 | $2,534 |
| 2016 | $unknown + $unknown $55,800 | $2,535 |
| 2015 | $unknown + $unknown $55,600 | $2,335 |
| 2014 | $unknown + $unknown $57,000 | $2,373 |
| 2013 | $unknown + $unknown $57,000 | $2,352 |
| 2012 | $unknown + $unknown $55,500 | $2,308 |
| 2010 | $unknown + $unknown $67,700 | $2,748 |
| 2009 | $unknown + $unknown $66,900 | $3,036 |
| 2007 | $unknown + $unknown $74,100 | $3,283 |
| 2007 | $unknown + $unknown $71,100 | $3,283 |
| 2006 | $unknown + $unknown $75,300 | $2,815 |
$315,000
NGLRMLS
Listed 2024-05-13
$315,000
NGLRMLS
Sold 2006-01-01
$146,514
Public Record
Year Built: 1930
Building Exterior Type: Stone
Other Buildings: Guest House
Property Age: 94
Roof: Asphalt
House Style: 2 Story
Television: Cable TV, Cable Internet
Water Source: Private Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.