**WATERFRONT OPPORTUNITY WITH MAJOR UPSIDE!** Excellent opportunity for an investor, rehabber, or buyer looking to create value without starting from scratch. This 2-bedroom home features a new garage, partially finished basement, waterfront setting, and an oversized 9,000+ sq. ft. lot. The property offers multiple investment strategies and multiple paths to create value. Take the lighter approach by updating the existing home, maximizing the partially finished basement, and exploring opportunities to add additional living space, bedrooms and/or another bathroom-creating the potential for a strong rental or resale investment. Or think bigger and explore the property as a redevelopment opportunity, including a major expansion or an entirely new-construction project. Large-scale new-construction homes are currently… Read More being developed on the same block, demonstrating the investment and redevelopment activity already taking place in the immediate area. With a 9,000+ sq. ft. waterfront lot, buyers have an opportunity to evaluate the strategy that best fits their investment goals. Seller is offering a **$5,000 credit toward a bathroom renovation/update**. **Waterfront. 9,000+ sq. ft. lot. Light-rehab potential. Rental potential. New-construction potential. New development on the block. Partially finished basement. New garage. Multiple paths to create value.** Property sold as-is. **Cash buyers and quick-close offers welcomed.** Bring your vision and move quickly-whether the strategy is renovation, investment, expansion, or new construction, opportunities combining waterfront, land, nearby development, and this level of upside are hard to find. Read Less
Area: 1040, Construction Materials: Brick, Built in 1951, Rebuilt: No
Cooling
Central Air
Accessibility Features
No
Fence
Fenced
Garage
4 spaces
Heating
Natural Gas, Electric
Home Owner's Association
Dues include: None
Lot
Dimensions: 9343
Parking
Parking included in price, Parking Total: 4, Concrete, Garage Door Opener, Garage, EV Ready, Electric Vehicle Charging Station(s), Yes, Garage Owned, Detached
Roof
Asphalt
Sewer
Public Sewer
Utilities
Water Source: Lake Michigan
Taxes
Annual Taxes: $2,538, Year: 2023
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