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1556 Rochester Rd, Addison Twp, MI

$359,900 - 4 Beds - 2 Baths - 1,813 Sqft - 4.58 Acres

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. This property has 2 units that are both leased out at $1200 per month. Unit 1 has been leased for 8 years and the current tenant would like to stay. Unit 2 is halfway through a 2 year lease and the tenant would like to extend. This great property could also work very well on AirB&B. Each unit could rent at $100-$150 per night with average occupancy rate of around 60-70% for the year. You can also up-charge for boat and fishing gear rental. This is a perfect investment property for someone with a passion for fishing. Call today to take a tour or call to discuss the AirB&B potential!

Essential Information

For 1556 Rochester Rd, Addison Twp, MI
  • MLS® # 2200025485
  • Price $359,900
  • Bedrooms 4
  • Bathrooms 2.00
  • Full Baths 2
  • Total Sq. Ft 1,813
  • Acres 4.58
  • Year Built 1901
  • Type Residential
  • Sub-Type Bungalow
  • Status Active

Community Information

For 1556 Rochester Rd, Addison Twp, MI
  • Address 1556 Rochester Rd
  • Area 02051-Addison Twp
  • City Addison Twp
  • County Oakland
  • State MI
  • Zip Code 48367

Amenities

For 1556 Rochester Rd, Addison Twp, MI
  • # of Garages 2
  • Garages Attached, Electricity
  • Is Waterfront Yes
  • Waterfront Lake Frontage, Water Frontage

Interior

For 1556 Rochester Rd, Addison Twp, MI
  • Heating Forced Air
  • Cooling Ceiling Fan

Exterior

For 1556 Rochester Rd, Addison Twp, MI
  • Exterior Vinyl
  • Foundation Michigan Basement

School Information

For 1556 Rochester Rd, Addison Twp, MI
  • District Oxford

Listing Details

For 1556 Rochester Rd, Addison Twp, MI

Office

For 1556 Rochester Rd, Addison Twp, MI

Signature Sotheby's International Realty Nvl

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