Homes for sale - 216 S Harrison Road, Houghton Lake, MI 48629

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Ryan French

ryan@ryanfrenchrealty.com +1(248) 506-0155

$399,900

Est. payment - /mo

12 Beds

14 Baths

10,195 SqFt

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UPDATED:

10/20/2024 01:40 PM

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,195 sqft

Price per Sqft $39

MLS Listing ID 5050158820

Style Other

Bedrooms 12

Full Baths 14

HOA Y/N yes

Originating Board East Central Association of REALTORS®

Year Built 1970

Annual Tax Amount $3,630

Lot Size 3.020 Acres

Acres 3.02

Lot Dimensions Irregular

Property Description

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

Location

State MI

County Roscommon

Area Roscommon Twp

Rooms

Kitchen Dryer, Microwave, Oven, Range/Stove, Refrigerator, Washer

Interior

Interior Features Other

Hot Water Natural Gas

Heating Forced Air

Cooling Other

Fireplace no

Appliance Dryer, Microwave, Oven, Range/Stove, Refrigerator, Washer

Heat Source Natural Gas

Exterior

Parking Features 2+ Assigned Spaces

Garage no

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Well (Existing)

Architectural Style Other

Level or Stories Other

Structure Type Brick

Schools

School District Houghton Lake

Others

Tax ID 0112040010130

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Listed by Travis C Scott of EXP Realty

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Ryan French

+1(248) 506-0155

Agent | License ID: 6501387571

Agent License ID: 6501387571

216 S Harrison Road Houghton Lake, MI 48629

Ryan French

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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216 S Harrison Road