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1991 S Morey Road, Lake City, MI 49651

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For Sale

$315,000

2,151 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $146.44
    Price per square foot

Explore this Property

The iconic "Cobblestone Station" that welcomes you to the south end of Lake City offers a buyer many options. It has been used as a single family home for the last several years. The home has been completely renovated, keeping the charm of the local field stone in place. The home is set up as two separate apartments, each with its own electric meter. The main floor offers one large bedroom, bathroom, kitchen, and the living room area which showcases the old stone pillars and stone wall of the home. As you enter the upstairs through the arched entryway, you will find another fully finished living space. With an open floor concept there is a full kitchen, bathroom, living room, and bedroom. The architecture of the large dormers allows for plenty of floor space and natural light. Outside you will discover a small guest house, complete with a shower, toilet, and sink area. This has potential for another rental income. There is a fenced yard offering privacy and plenty of room to play or park your toys. With no zoning for this township, this property offers many possibilities, and would make a great two unit apartment, office or retail space with living upstairs. It would make a great short term rental investment, with the ability to have 3 separate rentable spaces plus room for RV parking. Downtown Lake City is just a bike ride away where you can enjoy the beaches of Lake Missaukee, the "Greatest Fourth in the North" celebration, and hit all of the eateries and pubs available. Come be a part of this great piece of history and see all of the charm that this property brings. With a large down payment, there could be possibilities for seller assisted financing.
MLS# 1922312

Courtesy Of Five Star Real Estate
4601 Lake Michigan Dr, Grand Rapids, MI 49534
(231) 733-3080

Property Features

  • Appliances
    Oven, Refrigerator
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.36 Acres
  • Roof Type
    Asphalt
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 1991 S Morey Road, Lake City, MI 49651

Home seller CENTURY 21 Northland

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CENTURY 21 Northland

(989) 366-1801
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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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