942 South State St

Oscoda, Michigan  48750 (city) Iosco County

For Sale

Price:   $450,000

Commercial

Resort or Income Opportunity fully furnished. Decide your own business plan. These 3 great units offer 2 bedrooms in two apartments and a larger freestanding has 3 bedrooms (including a large loft). Jump into the hot short term rental market generating highest income during the busy season or choose to do longer leases (as currently used). This option provides year-round income. Local rental demand has always been high so occupancy should always be full. Skip property management fees if you live in one and oversee the other two. Additionally property can be purchased as a family/ friends compound. A very desirable location, easy walk to beaches and businesses. You and your guests will also enjoy wonderful outdoor space waterside with newer dock. Development is coming across the canal so this is the perfect time to consider that new business of your own. 24+ hours is required as units are fully occupied. Owner will entertain a land contract with at least 25% down. Call or text with questions or to set up your tour.

Year Built:
1953/2020
SqFt +/-:
2615
Exterior:
vinyl
Garage:
none
View:
above average
Lot Size:
0.22 acres
Furnished:
Unfurnished
Fireplace(s):
none
Water:
city
Sewer:
city
Heat:
natural gas FA
Central Air:
Yes

Appliances: A) cook-top, toaster oven, refrigerator. B) stove, refrigerator C) stove, refrigerator. Plus an on-site community laundry.   Exterior Features: two balconies, patio and decking.   Outside Amenities: fantastic outdoor space.   Outbuildings: shed.   School District: Oscoda Area Schools.

Listing Number: 99203627

Contact: Sunrise Realty, Inc.

Name: Becci Schirrick

Email: Becci@oscodasunriserealty.com

Phone: (989)739-1458

Contact Me Regarding This Listing

Your Name:

Your Email:

Your Phone:

Send a copy of this message to me:

Comments:

Email Address:

Comments: