Unique income-producing property just two blocks from the public boat launch and within walking distance of downtown Algonac. The building is divided into two separate sections: a larger, fully renovated two-bedroom cottage currently operated as a successful VRBO, and a smaller salon space that provides additional monthly rental income. The cottage features nautical charm, a warm wood ceiling, an open living area, full kitchen, Smart TV, Wi-Fi, and on-site trailer parking. Conveniently located near the St. Clair River, Lake St. Clair, marinas, fishing, parks, dining, and waterfront activities. A distinctive opportunity for entrepreneurs and investors seeking multiple income streams.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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