Courtesy of: Gary Spisz Jr, KW Realty Livingston, gspisz@msn.com
Courtesy of: Gary Spisz Jr, KW Realty Livingston, gspisz@msn.com
$224,999
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2 bed
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1.00 Bath (1 Full)
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Lot: 0.18 Acres
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Single Family Residence
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$224,999
1946 Union Lake Road TWO ALL-SPORTS LAKES. One price. Union Lake AND Long Lake dock privileges for under $225K - you won't find that combination anywhere else in Oakland County. While comparable lake-access homes nearby are listed at $307, 000 to $450, 000, this Commerce Township ranch gives you deeded access to two all-sports lakes with dock facilities at a fraction of the price. The home itself delivers: 1, 050 sq ft, 2 bedrooms, a full bath, and a 2.5-car detached garage on Walled Lake Schools. Currently tenant-occupied with close + 30 days possession - ideal for the investor looking to step into immediate rental income. At current Commerce Township rents, this pencils out to a 7-8% cap rate at list price. The numbers work. For the owner-occupant willing to wait out the lease - or negotiate early occupancy - this is your entry point into dual lake living at a price that simply doesn't exist in this market anymore. Two lakes. Walled Lake Schools. 2.5-car garage. Call your agent today.
Courtesy of: Gary Spisz Jr, KW Realty Livingston, gspisz@msn.com
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