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7945 Crescent Beach

Sand Point, MI 48755
  • $150,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 20221034542
UPDATED: 56 min ago
$150,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,100
    SQFT
  • $136
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2000
County:

School Ratings & Info

Description

INVESTMENT OPPORTUNITY Sand Point / Pigeon, Michigan!!! This two-building condominium/ residential hotel complex consists of 12 " 2 bedroom 2 bath newly renovated and furnished individual units that come with a deeded sandy beach accesses and are ready for new ownership. Welcome to Sand Point Resort with 12 full luxury units that come fully furnished complete with a living room, dining area, large kitchen, bedroom with en-suite with jetted tub and separate shower. They also contain in-unit laundry for convenience! Each unit is capable of being dived into a full suite and a studio unit. The studio units include a living room/bedroom combination, full bath with jetted tub, wet bar, and efficiency kitchen. Full units adjoin with studio units and can be rented separately or together, as double units. Each second story unit has a private, covered balcony and the lower units have a private patio. Many improvements have been made to the complex which include new metal roof (2017), new tile on the outdoor porches and balconies (2019), new commercial grade programmable security keypad locks for entry with Wi-Fi capability and custom code features (2020). Additional upgrades completed to both buildings in 2021 include: new kitchen faucets, gutters, landscaping, exterior stucco, and exterior wood beams/posts trimmed with new composite boards. Seller is willing to finance with a 25% down payment with the remaining balance amortized over 15 years with the first 5 years having an interest rate of 5%, years 6-10 at 6%, and years 11-15 having an interest rate of 7%. A $2500.00 fully refundable deposit is required to save your spot. These units may be used as a short term rentals and can be leased and managed by the individual owner, or can be managed by the resort association management company. This is truly a turnkey operation. Call today to schedule your private showing! Efficiency suite rents for $125 per night, $185 per night for full suite. Combined $275 per night.

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©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Rising Team | RE/MAX Main Street Realty. 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. Data last updated: 2022-10-07T11:53:43.64.
www.therisingteam.com/homes/132432410
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7945 Crescent Beach Sand Point, MI 48755

  • Price: $150,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 56 min ago
  • MLS #: 20221034542
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1,100
SQFT
$136
$/SQFT
2000
Built
Neighborhood:
Caseville Twp (32004)
County:
Huron
Area:
Caseville Twp (32004)
School District:
Elkton - Pigeon - Bay Port Schoo
Property Description
INVESTMENT OPPORTUNITY Sand Point / Pigeon, Michigan!!! This two-building condominium/ residential hotel complex consists of 12 " 2 bedroom 2 bath newly renovated and furnished individual units that come with a deeded sandy beach accesses and are ready for new ownership. Welcome to Sand Point Resort with 12 full luxury units that come fully furnished complete with a living room, dining area, large kitchen, bedroom with en-suite with jetted tub and separate shower. They also contain in-unit laundry for convenience! Each unit is capable of being dived into a full suite and a studio unit. The studio units include a living room/bedroom combination, full bath with jetted tub, wet bar, and efficiency kitchen. Full units adjoin with studio units and can be rented separately or together, as double units. Each second story unit has a private, covered balcony and the lower units have a private patio. Many improvements have been made to the complex which include new metal roof (2017), new tile on the outdoor porches and balconies (2019), new commercial grade programmable security keypad locks for entry with Wi-Fi capability and custom code features (2020). Additional upgrades completed to both buildings in 2021 include: new kitchen faucets, gutters, landscaping, exterior stucco, and exterior wood beams/posts trimmed with new composite boards. Seller is willing to finance with a 25% down payment with the remaining balance amortized over 15 years with the first 5 years having an interest rate of 5%, years 6-10 at 6%, and years 11-15 having an interest rate of 7%. A $2500.00 fully refundable deposit is required to save your spot. These units may be used as a short term rentals and can be leased and managed by the individual owner, or can be managed by the resort association management company. This is truly a turnkey operation. Call today to schedule your private showing! Efficiency suite rents for $125 per night, $185 per night for full suite. Combined $275 per night.
Exterior Features

Exterior Construction Brick Foundation Type Slab Lake Name Lake Roads Paved Street Structure Style 1 Story Styles Other Water Features All Sports LakeBeach Access Waterfront YN No

Interior Features

Basement YN No Cooling System Central A/C Fireplace YN No Fuel Type Natural Gas Heating System Forced Air Interior Features Indoor Pool Total Rooms 6

Property Features

Association Fee YN Yes Community Amenities Exercise/Facility Room Fee Amount 200 Fee Schedule Monthly Financial Terms CashConventional For Sale Or Rent For Sale Lease YN No Manufactured YN No Municipality Caseville Twp Municipality Type Township Occupancy Days At Close Ownership Private Principal Res Exempt YN No SEV 9999 Subject To Short Sale Approval No Summer Tax Amount 0 Water Public Water Winter Tax Amount 0

Listing courtesy of David L Kraft Realty Co, Llc : 989-856-7653.

Source MLS: MiRealSource
Originating MLS: Realcomp

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. 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.


©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Rising Team | RE/MAX Main Street Realty. 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. Data last updated: 2022-10-07T11:53:43.64.
 
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