Nice log cottage located on beautiful Spider Lake. We have a sandy beach with great swimming. Spider Lake is an all sports lake located within 10 miles of downtown Traverse City.
This cottage currently has a good income flow from weekly rentals. Someone could purchase it on Land Contract terms and use the income to offset much of the payment. Terms available with 10% down.
The cabin comes fully furnished and is ready to go. Listed by Real Estate One, 511 E Front St. Traverse City, MI 49686.
Contact Ken Weaver (owner/Agent) at kenweaver@charter.net
Property ID #:2885
Home Type:Single Family Home
Home Style:Log
Bedrooms:2
Bathrooms: 1 Total - Full Baths: 1, Half Baths: 0, Quarter Baths: 0
Finished Sq Ft:860 (approx.)
Year Built:Not entered
Pet Policy
Dogs Accepted: Dogs Accepted
Cats Accepted: Cats Accepted
Neighborhood and School Information
Neighborhood:Waterfront
School District:Traverse City
Elementary School:
Middle School:
High School:
Owner Financed Headline:Possible Land Contract with low down payment
Available:Immediately
Sale Price:$279,500
Sale Price Notes:
Down Payment:$27,950
Down Payment Notes:Contact for Details
Minimum Rate:7%
Minimum Rate Notes:Contact for Details
Maximum Term:
Owner Financed Notes: Easy Terms. Let the rental income make much of your payment. Owner will continue to manage the rental. Use it all you want and let the rental income in the off weeks help with the payments. Property is listed with Real Estate One, 511 E Front St , Traverse City, MI 49686
Appliances
Refrigerator
Home Address
629 Peninsula Trail
Traverse City, MI 49686
County:
Grand Traverse County
Regional Area:
Traverse City and Vicinity
Ken Weaver
Cottages North
(231) 357-0821