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.
Listing Courtesy of KW Realty Livingston, Office Phone: 810-227-5500

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Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.