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7562 N Us Highway 23 Highway N

Oscoda Twp, MI 48750
Square Ft.
2,210
Active
Multifamily
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$649,900
Turn-Key Lakefront Resort with Proven Income - Zoned Commercial Exceptional opportunity to own a fully operational, short-term rental business on Lake Huron. Lovango Hideaway features four fully furnished, detached cottages on one parcel with private sandy beachfront and established branding through Airbnb/VRBO. Property has generated $65,807.90 in revenue year-to-date (as… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of 3DX Real Estate-Brighton. [email protected] (888) 304-1447
Listing Snapshot
Days Online
40
Last Updated
Property Type
Multifamily
Square Ft.
2,210
Lot Size
0.34 Acres
Year Built
1960
MLS Number
20251017065
30 Days Snapshot Of 48750
$275k
+57%
(avg) sold price
6
-25%
homes sold
109
+147%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Highway
Basement
Basement?: 0
Building
4 total units, 4 leased units, 3 two-bedroom units, 1 three-bedroom unit, Built in 1960, Remodelled in 2022, Architectural style: Cottage, Ranch, Vinyl, 2,210 total square feet, 2,210 combined square feet, Unit count: 4
Cooling
Ceiling Fan(s), Central Air
Exterior Features
Fenced
Fireplaces
Fireplace?: 0
Foundation
Crawl, Slab
Garage
Garage?: 0
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
Circuit Breakers
Lot
Lot size area: 0.34, Lot size dimensions: 100x150
Miscellaneous
Gross scheduled income: $70,000, Income projection: Actual, Monthly rental income: $21,600, Net operating income: $50,000, Operating expense: $20,000
Pool
Pool?: 0
Property
Property type: Multifamily, Beach Front, Direct Water Frontage, Lake Front, Water Front, All Sports Lake, Waterfront: Lake Huron
Taxes
Tax amount (summer): $4,981, Tax amount (winter): $0
Sewer
Septic Tank (Existing)
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Monthly Payment
$0
David Pacheco
Broker/ Owner
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Schools In The Area

Check out nearby schools with ratings and contact info.
Richardson Elementary School 989-739-9173 Public PK-6
Oscoda Area High School 989-739-9121 Public 7-12
Richardson Elementary School 989-739-9173 Public PK-6
Richardson Elementary School 989-739-9173 Public PK-6
Richardson Elementary School 989-739-9173 Public PK-6
Oscoda Area High School 989-739-9121 Public 7-12
Oscoda Area High School 989-739-9121 Public 7-12

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IDX provided courtesy of Realcomp II Ltd., via 3DX Real Estate and David Pacheco, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via 3DX Real Estate and David Pacheco, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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