275 feet frontage with panoramic view of all-sports Long Lake! 3 Cottage Property Each 2 bedroom/1 bathroom 275 of lake frontage 3.5 acres of land Many wonderful opportunities for the property, including: *Keep as rental property-great rental income (over $25,000 per year currently). *Room to add additional main house or rental cottages *Multi-family retreat *Build dream home on this beautiful, private property with lots of lake frontage and land *Develop into condos Each 570 square foot cottage is equipped with a refrigerator, microwave, stove, new queen size bed, smart TV, picnic table, and own firepit out front. Covered porch 3 docks included- drive boat right up to docks. 3 paddle boats included Natural gas heat Well/Septic (new well in 2002) 2 storage sheds Playground area with swing set Additional Information: Fully furnished cottages-all furniture, bedding, dishes, appliances included. Currently run as Presque Isle Report. Over 90% booked through Labor Day. Start earning income right away!
Off market
$396,000
16430 Long Lake Hwy, Alpena, MI 49707
6beds
1,650sqft
MultiFamily
Built in 1960
-- sqft lot
$396,000 Zestimate®
$240/sqft
$1,037 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other, Gas
Appliances
- Included: Microwave, Range / Oven, Refrigerator
Features
- Flooring: Carpet, Laminate
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 1,650 sqft
Property
Parking
- Total spaces: 7
- Parking features: Off-street
Features
- Exterior features: Shingle, Cement / Concrete
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 5.05 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Shake / Shingle
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Septic
Community & neighborhood
Location
- Region: Alpena
Other
Other facts
- Rooms: Living Room Level: 1st
- Rooms: Dining Room Level: 1st
- Rooms: Kitchen Level: 1st
- Road: Paved, Maintained
- Appliances & Equipmt: Blinds, Range/Oven, Refrigerator, Ceiling Fan, Microwave, Water Softener
- Type: Residential Water
- Rooms: Bedroom 1 Level: 1st
- Rooms: Bedroom 2 Level: 1st
- Water: Well
- Sewer: Septic
- Foundation: Slab
- Exterior Features: Shed, Patio/Porch, Cable TV, Dock
- Rooms: Bedroom 3 Level: 1st
- Rooms: Bedroom 4 Level: 1st
- Waterfront: Yes
- Heating/Air: Natural Gas, Space Heater
- Frontage: Lake
- Exterior: Block, Shingles
- Construction: Concrete Block
- SqFt Source: Old MLS
- Business: Business Opportunity, Income Property
- Lake/Rvr/Creek/Strm: Long Lake
- Township: Presque Isle
- Style: Cottage