$345,000 Sold
1556 rochester road, leonard, MI 48367
Property Description
Amazing 2 unit leased waterfront investment property on 4.5 acres with over 2000 feet of water-frontage. Round Lake is a beautiful private lake with great fishing. The lake allows only electric motors. The lot is the perfect building site for an estate sized home. Each unit is meticulously maintained and they have always rented easily. This property has 2 units that are both leased with room to raise rents. This great property could also work very well on AirB&B.
Waterfront / Water Access
Water Name: round lake
Water Description: Lake Front, Water Front
Water Description: Lake Front, Water Front
General Information
Sold Price: $345,000
Price/SqFt: $190
Status: Sold
Date Sold: 06/01/2021
MLS#: 2210029333
City: addison twp
Post Office: leonard
Schools: oxford
County: Oakland
Acres: 4.58
Lot Dimensions: Irregular
Bedrooms:4
Bathrooms:2 (2 full, 0 half)
House Size: 1,813 sq.ft.
Acreage: 4.58 est.
Year Built: 1901
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Paved Road: Gravel,Private
Garage: 2 Car
Garage Description: Electricity, Attached
Construction: Vinyl
Exterior: Vinyl
Garage: 2 Car
Garage Description: Electricity, Attached
Construction: Vinyl
Exterior: Vinyl
Basement: No
Basement Description: Unfinished
Foundation : Michigan Basement
Cooling: Ceiling Fan(s)
Heating: Forced Air
Fuel: LP Gas/Propane
Waste: Septic Tank (Existing)
Watersource: Well (Existing)
Basement Description: Unfinished
Foundation : Michigan Basement
Cooling: Ceiling Fan(s)
Heating: Forced Air
Fuel: LP Gas/Propane
Waste: Septic Tank (Existing)
Watersource: Well (Existing)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $3,569
Est. Winter Taxes: $798
Est. Summer Taxes: $3,569
Est. Winter Taxes: $798
HOA fees: 0
Legal Description: T5N, R11E, SEC 26 PART OF SW 1/4 OF NW 1/4 BEG AT W 1/4 COR, TH N 00-28-50 W 404.70 FT, TH S 66-08-00 E 438.79 FT, TH S 00-28-50 E 237.28 FT, TH N 88-32-36 W 400 FT TO BEG, ALSO N 478.50 FT OF W 148.50 FT OF NW 1/4 OF SW 1/4 4.58 A
Legal Description: T5N, R11E, SEC 26 PART OF SW 1/4 OF NW 1/4 BEG AT W 1/4 COR, TH N 00-28-50 W 404.70 FT, TH S 66-08-00 E 438.79 FT, TH S 00-28-50 E 237.28 FT, TH N 88-32-36 W 400 FT TO BEG, ALSO N 478.50 FT OF W 148.50 FT OF NW 1/4 OF SW 1/4 4.58 A
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Dylan Tent of Signature Sotheby's International Realty Nvl, Phone: (248) 378-1000
