Tina Dykes

300 Philip Street W, Lake Leelanau, MI 49653

$429,000
  • 300 Philip Street W, Lake Leelanau, MI 49653 Main Photo

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New to the Market New
BEDS2 BATHS1 SQUARE FEET5,320 MLS#1943541
STATUSNew PROPERTY TYPEResidential - Single Family SUBDIVISIONMI SCHOOLLeland Public School District

Property Description

Unique investment opportunity in Lake Leelanau to own a versatile commercial/income property featuring 24 fully rented self-storage units and a charming 2-bedroom, 1-bath cottage offering approximately 900 sq ft. The cottage is currently utilized as a short-term rental and is ideally located near the Narrows of Lake Leelanau, with close proximity to restaurants, wineries, and nearby lake accessâ??making it an attractive option for both visitors and long-term use. With all storage units fully occupied, this property offers immediate and consistent income, along with additional revenue potential from the cottage. Ideally positioned in a desirable Lake Leelanau location, this is a unique opportunity to invest in a property with multiple income streams and strong local demand. Square footage includes both the storage units and the cottage. Year built is approximate for the storage units; the house was relocated to the property and its exact age is unknown.

300 Philip Street W | MLS# 1943541

This single family home located at 300 Philip Street W, Lake Leelanau, MI 49653 is currently listed for sale with an asking price of $429,000. This property was built in 2000 and has 2 bedrooms with 5320 sq. ft. Philip Street W is located in the MI subdivision within the Leland Public School District school district. Search MI real estate on tinadykes.ikeyrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Block, Slab
Home Style: Cottage, 1 Story, Cottage, 1 Story
Lot Size: 0.24 Acres
Roof Type: Asphalt, Metal/Steel
Year Built: 2000

Feature Descriptions

Above Ground Finished SQFT: 5320
Appliance(s)/Equipment: Refrigerator, Oven/Range, Microwave, Dryer, Ceiling Fan
Construction: Frame, Steel
Days on Site: 1
Exterior: Gutters
Heating/Cooling: Forced Air
Heating/Cooling Source: Electric
Lot: Metes and Bounds
Lot Dimensions: 0.24 Acre(s)
Outbuilding(s): Yes
Road: Public Maintained, Blacktop
Sewer: Municipal, Private Septic
Water: Private Well
Waterfront Type: No

Room Sizes

Primary Bedroom: 11.7x8.8 Level - Main Floor
Bedroom 2: 12.5x7.2 Level - Main Floor
Kitchen: 8.8x8 Level - Main Floor
Living Room: 11x10.7 Level - Main Floor

Local Schools

School District: Leland Public School District

Listed By / Shown By

Listed By

Agency Name: Schaub Team Premier Realty
Agency Phone: 231-674-5950

Shown By

Agent Name: Tina Dykes
Agent Phone: (734) 915-9341
Agency Title: Key Realty

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Estimated Payment

$ 2,524.83 per month $2,399.70 Principal & Interest $0.00 Property Tax (data not provided by mls) $125.13 Homeowner's Insurance

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