• Coldwell Banker Fairbairn Realty Logo
  • 231-548-9336
    [email protected]
  • Coldwell Banker Fairbairn Realty
    7569 US 31 South
    P.O. Box 560
    Alanson, Michigan 49706
13015 M-32 Atlanta, MI 49709

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Price $200,000

Beds 3

Baths 1.00

TTL Sq FT.1465.00

Acres 1.33

Lot Size295x410x87x201x225 +/-

MLS # 317092

Remarks

House, motel, cabin, & 87' of frontage on the Thunder Bay River. Gross rent is $5750/mo @ 100% occupancy. Month-to-month guest agreement (easy eviction). 9 motel units rent: $475/mo to $525. Cabin @ $550/mo. House with attached reception office rents @ $800. House is 2-3 Bdr/1 Bth with private door into reception/office. On-site coin-operated laundry. Land Contract: 25% down, Interest @ 8%, Amort. at 20.2 yrs = $1250/mo. pmt. 3 yr. Balloon Pmt. Great opportunity to work from home with easy access to Pigeon River State Forest & Thunder Bay River frontage, or investors looking for cash flow. Conveys as currently equipped. Verification of sufficient funds or pre-approval letter prior to confirmation of showing request; 48 hr. notice.


Room Sizes

Living Room
20.5' x 12.75'

Dining Room
13' 2'' x 10'

Kitchen
16.5' x 10' 8''

.

Bedroom 1
12' 3'' x 11' 6''

Bedroom 2
12' 4'' x 10'

Bedroom 3
Dining Room Dim.

.

Lake/River
Thunder Bay River


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County
Montmorency

Schools
Atlanta

.

Construction
Frame

Water
Well

Sewer
Septic

Exterior
Wood

Features

Exterior Features
Cable TV,Guest Quarters/Apt,Landscaped,Natural,Patio/Porch,RV Parking,Shed

Property Location

Directions:


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