8512 CASCADE Street Pending

Commerce Twp,MI 48382

$ 420069

2 Beds

1 Bath

1104 SqFt


Key Details

Property Type Single Family Home

Sub Type Ranch

Listing Status Pending

Purchase Type For Sale

Square Footage 1,104 sqft

Price per Sqft $380

Subdivision Russell Beach

MLS Listing ID 20240068117

Style Ranch

Bedrooms 2

Full Baths 1

Year Built 1952

Annual Tax Amount $6,445

Lot Size 4,356 Sqft

Property Description

Cooley Lakefront Retreat - Furnished 2 Bed, 1 Bath - Investment Opportunity
Welcome to this beautifully furnished 2-bedroom, 1-bath lake house located on the sought-after South shore of All Sports Cooley Lake. This charming property has been a successful Airbnb rental, generating an impressive $55K in 2023 alone, with an additional $12K in revenue from pontoon boat rentals. Whether you're seeking a turn-key investment or a peaceful retreat, this home delivers both. Property Highlights:
- 40 feet of private lake frontage with a sandy shoreline, perfect for swimming and water sports.
- Enjoy stunning sunrise and sunset views from the comfort of your home or while relaxing on the wooden dock.
- Features a unique built-in fireplace/pizza oven for lakeside gatherings, along with a lakefront fountain for a touch of serenity.
- Unwind in the hot tub, just steps from the water, and embrace the tranquil atmosphere.
- The home sits on a prime lakefront lot, offering endless potential for expansion or new construction if you're seeking the ideal location to build your dream home.

Whether you're looking to continue the profitable rental operation or use it as your personal lakefront escape, this Cooley Lake gem offers the best of both worlds. Don't miss out on this rare opportunity to own a piece of lakefront paradise!

Location

State MI

County Oakland

Area White Lake Twp

Rooms

Kitchen Dishwasher,Disposal,Dryer,Free-Standing Gas Oven,Free-Standing Refrigerator,Washer

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central Air

Fireplaces Type Gas

Exterior

Garage Description No Garage

Pool No

Waterfront yes

Waterfront Description Direct Water Frontage,Lake Front,Lake Privileges,Water Front

Roof Type Asphalt

Building

Lot Description Water View

Foundation Basement

Sewer Septic Tank (Existing)

Water Well (Existing)

Structure Type Block/Concrete/Masonry

Schools

School District Walled Lake

Others

Assessment Amount $210

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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