13604 Caberfae Highway Wellston, MI 49689
Listing Courtesy of: MichRic / Essential Real Estate
$374,000
5
BED
2
BATH
1,155
SQFT

  13604 Caberfae Highway Wellston, MI 49689

Active (208 Days)

Description

This is the perfect setting for someone looking to take over a booming vacation rental business. With limited openings left for the season, this 5 bed 2 bath house, 4 unit motel and 3 cabins make plenty of room for any occasion. Perhaps you're looking to make the house on the 4+ acre lot your primary residence and rent out the already completely remodeled 2 unit duplex, each unit complete with 2 beds, full bath, family room and kitchen area. The 2nd and 3rd cabins are nearing completion and once the new owner finishes the 4 units in the motel there will be 9 rental units on property as well as a 30 x 20 Pole barn for storage. The back of the property has roughly 2 empty acres available if you wanted to put in your own campground and rent that out as well! Endless potential here!

MLS #:
22017810
Taxes
$4,500
Lot Size
4.27 acres
Type
Single-Family Home
Year Built
1960
County
Manistee County
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Microwave
  • Oven
  • Refrigerator Lp Tank Rented
Lot Information
  • Adj to Public Land
Heating and Cooling
  • Window Unit(s)
Exterior Features
  • Concrete
  • Vinyl Siding
Utility Information
  • Sewer: Septic System
Stories
  • 2.00000000
Living Area
  • 1,488 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 04, 2022
Price Changed
$374,000
-4%
-15,000
Sep 13, 2022
Price Changed
$389,000
-3%
-10,000
Aug 26, 2022
Price Changed
$399,000
-6%
-26,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Schmidt Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.