350 Michelson RdHoughton Lake, MI 48629

Property Details for 350 Michelson Rd

Lot size

31.00 AC

Property type

Land

Description

This exceptional 31-acre property in Roscommon County, Michigan, presents a unique investment opportunity. Located at 350 Michelson Rd, Houghton Lake, MI 48629, this land boasts two picturesque ponds, an oversized two-car garage with storage lofts and a workshop. A large deck and a well-established garden enhance the property's appeal. Situated just one mile from Houghton Lake Public Access, the location is ideal for outdoor enthusiasts, offering abundant wildlife and pre-existing hunting blinds. The property features a mix of wooded and open areas, suitable for various recreational uses. A significant advantage is a recently signed 25-year lease with a cell phone company for a 150 sq ft x 150 sq ft area at the rear of the property, generating a monthly income starting at $900, escalating to approximately $1200 by lease end. A $125,000 cash-out option is available immediately after installation. An additional existing sign on the property provides a supplemental $100 monthly income. This property is perfect for year-round living, a vacation home, or a group investment. Buyer to verify all information.

Location Insight

City

Houghton Lake

County

Roscommon

State

Michigan

Latitude

44.3407

Longitude

-84.8129

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].