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8512 CASCADE Street Commerce Twp, MI 48382
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Key Details
Sold Price $400,000
Property Type Single Family Home
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Square Footage 1,104 sqft
Price per Sqft $362
Subdivision Russell Beach
MLS Listing ID 20240068117
Sold Date 10/28/24
Style Ranch
Bedrooms 2
Full Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1952
Annual Tax Amount $6,445
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40x105x40x105
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
Direction S of M-59, west of Union Lake Rd
Rooms
Basement Unfinished
Kitchen Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Washer
Interior
Interior Features Furnished - Negotiable
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Fireplaces Type Gas
Fireplace yes
Appliance Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Refrigerator, Washer
Heat Source Natural Gas
Exterior
Garage Description No Garage
Waterfront Description Direct Water Frontage,Lake Front,Lake Privileges,Water Front
Water Access Desc All Sports Lake,Dock Facilities,
Roof Type Asphalt
Porch Deck
Road Frontage Paved
Garage no
Building
Lot Description Water View
Foundation Basement
Sewer Septic Tank (Existing)
Water Well (Existing)
Architectural Style Ranch
Warranty No
Level or Stories 1 Story
Structure Type Block/Concrete/Masonry
Schools
School District Walled Lake
Others
Pets Allowed Yes
Tax ID 1236377003
Ownership Short Sale - No,Private Owned
Assessment Amount $210
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with J Thomas & Associates Realty