722 Lake Street, Saugatuck, MI 49453
722 Lake Street, Saugatuck, MI 49453
722 Lake Street, Saugatuck, MI 49453
76
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$1,100,000
Est. payment /mo
0.25 Acres Lot
Active

722 Lake Street Saugatuck, MI 49453

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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Saugatuck City

MLS Listing ID 26024016

Year Built 1935

Annual Tax Amount $10,560

Tax Year 2017

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 53x205

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

An exceptional opportunity in the heart of Saugatuck, this meticulously maintained property offers the rare combination of charm, updates, and short-term rental potential. Situated just two blocks from downtown Saugatuck and conveniently located near Blue Star Highway for easy access without downtown traffic, this three-unit property is a highly desirable STR setup with projected annual rental income models estimating well into six figures.

The main home features over 2,200 square feet of character-filled living space, blending craftsmanship with thoughtful updates throughout. The main floor offers a beautifully finished front sun porch, original hardwood floors, a high-end kitchen, two stunning full bathrooms, spacious primary bedroom with direct porch access, and an additional family room with attached full bath that could easily function as a luxurious primary suite. Upstairs, original flooring continues throughout two generous bedrooms An exceptional opportunity in the heart of Saugatuck, this meticulously maintained property offers the rare combination of historic charm, modern updates, and extraordinary short-term rental potential. Situated just two blocks from downtown Saugatuck and conveniently located near Blue Star Highway for easy access without downtown traffic, this three-unit property is a proven and highly desirable STR setup with projected annual rental income models estimating well into six figures.

The main home features over 2,200 square feet of character-filled living space, blending timeless craftsmanship with thoughtful updates throughout. The main floor offers a beautifully finished front sun porch, original hardwood floors, a high-end kitchen, stunning full bathroom, spacious primary bedroom with direct porch access, and an additional family room with attached full bath that could easily function as a luxurious primary suite. Upstairs, original flooring continues throughout two generous bedrooms and a large loft area currently utilized as additional sleeping space. A sliding door opens to a private rooftop deck overlooking the rear of the property - the perfect retreat after a day in town or at the lake.

The lower level includes an additional family room, laundry area with shower, and two oversized storage rooms, providing ample space for owners and guests alike.

The renovated carriage house has been thoughtfully transformed into two separate rental units. The lower-level studio apartment features a bed, futon, refrigerator, microwave, and a beautifully finished full bathroom. The upper-level unit offers a private entrance, full kitchen, full bathroom, and sleeping accommodations for multiple guests, making it ideal for extended stays or premium STR income.

Outside, a fully equipped storage shed is stocked with amenities and essentials for guests, further enhancing the property's turnkey appeal. Whether you're seeking a high-performing investment property, a personal getaway with income potential, or a one-of-a-kind Saugatuck compound, this property delivers unmatched versatility, location, and earning potential. An exceptional opportunity in the heart of Saugatuck, this meticulously maintained property offers the rare combination of historic charm, modern updates, and extraordinary short-term rental potential. Situated just two blocks from downtown Saugatuck and conveniently located near Blue Star Highway for easy access without downtown traffic, this three-unit property is a proven and highly desirable STR setup with projected annual rental income models estimating well into six figures.

The main home features over 2,200 square feet of character-filled living space, blending timeless craftsmanship with thoughtful updates throughout. The main floor offers a beautifully finished front sun porch, original hardwood floors, a high-end kitchen, stunning full bathroom, spacious primary bedroom with direct porch access, and an additional family room with attached full bath that could easily function as a luxurious primary suite. Upstairs, original flooring continues throughout two generous bedrooms and a large loft area currently utilized as additional sleeping space. A sliding door opens to a private rooftop deck overlooking the rear of the property - the perfect retreat after a day in town or at the lake.

The lower level includes an additional family room, laundry area with shower, and two oversized storage rooms, providing ample space for owners and guests alike.

The renovated carriage house has been thoughtfully transformed into two separate rental units. The lower-level studio apartment features a bed, futon, refrigerator, microwave, and a beautifully finished full bathroom. The upper-level unit offers a private entrance, full kitchen, full bathroom, and sleeping accommodations for multiple guests, making it ideal for extended stays or premium STR income.

Outside, a fully equipped storage shed is stocked with amenities and essentials for guests, further enhancing the property's turnkey appeal. Whether you're seeking a high-performing investment property, a personal getaway with income potential, or a one-of-a-kind Saugatuck compound, this property delivers unmatched versatility, location, and earning potential.

Location

State MI

County Allegan

Direction Blue Star Hwy to Lake St. to home

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Central Air, Window Unit(s)

Laundry Gas Dryer Hookup, In Basement, Laundry Chute, Sink

Exterior

Parking Features Asphalt, Driveway

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Storm Sewer

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 6

Building

Lot Description Sidewalk, Wooded

Structure Type Aluminum Siding

New Construction No

Schools

School District Saugatuck-Douglas

Others

Tax ID 57-514-040-00

Acceptable Financing VA Loan, Cash, Conventional

Listing Terms VA Loan, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/26024016


Listed by HomeRealty, LLC

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Allen Gradnigo

Allen Gradnigo

Agent | License ID: 6501429988

+1(616) 834-4747

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722 Lake Street