858 Rennie Lake Road new

Traverse City,MI 49696

$ 895000

4 Beds

2 Baths

1645 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,645 sqft

Price per Sqft $544

Municipality Union Twp

Subdivision Union Twp

MLS Listing ID 80059831

Bedrooms 4

Full Baths 2

HOA Y/N true

Year Built 1940

Lot Size 1.850 Acres

Acres 1.85

Lot Dimensions Irregular

Property Sub-Type Single Family Residence

Source MiRealSource

Property Description

Looking for a Great Short Term Rental Retreat this is it! A &J's Hideaway just under 2 acres with 69' of Sandy Rennie Lake frontage. Raised Deck overlooking the lake 2 rental units 1(858 Rennie) House with 3 br 1 bath partial basement 1021 sq. ft then a 2nd (854 Rennie) Cottage unit with 1 br 1 bath 624 sq. ft. both have excellent rental income and include most furnishings. 45' x 24' garage for toys. Units have been updated , new roofs, windows, kitchens and baths, newer well and septic. Near thousands of acres of state land. A Rare find in the Forest Lakes area as this Union Twnsp property has short term rentals allowed. 2024 Income over $50,000 with the new Rental Management Co projection of $85,000 + per year

Location

State MI

County Grand Traverse County

Rooms

Basement Partial,Crawl Space

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air

Cooling Central Air,Window Unit(s)

Appliance Dryer,Microwave,Oven,Range,Refrigerator,Washer

Laundry Lower Level

Exterior

Exterior Feature Deck(s),Patio

Parking Features Detached

Garage Spaces 3.0

View Y/N No

Garage Yes

Building

Sewer Septic Tank

Structure Type Wood Siding

Schools

School District Traverse City

Others

HOA Fee Include Water

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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