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$899,000
5 Beds
4 Baths
1,679 SqFt
0.24 Acre Lot
10,454 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1940
Neighborhood
Days on Website 353

Property Map

$899,000 – 15 E Wall Street, Douglas, MI 49406

Street View

Courtesy of Moayyer Real Estate, Anthony Moayyer.

Description

Rare investment opportunity. Highly profitable vacation rental property located in the heart of downtown Douglas. Saugatuck/Douglas year over year have been named as one of the best lake towns in America. The property sits on an oversized prime corner lot just a stones throw from all that downtown Douglas has to offer. It contains an owners suite and multiple short term rental possibilities. It has undergone major renovations including new roof, windows, doors, tankless hot water, AC, flooring, lighting and much more. This turnkey property comes fully furnished and is ready to make income from day one. Sellers are willing to manage property if needed. This is a must see!

Property Details and Features

Appliances & Equipment

  • Appliances: “Bar Fridge”, “Built-In Electric Oven”, “Dryer”, “Microwave”, “Range”, “Refrigerator”, “Washer”

Basement

  • Basement: “Partial”, “Slab”

Bathrooms

  • 4 full bathrooms
  • 4 total bathrooms

Bedrooms

  • 5 total bedrooms

Building

  • Architectural Style: “Ranch”
  • Building Area Total: 1,679
  • Construction Materials: “Concrete”, “Vinyl Siding”
  • Living Area: 1,679
  • Year Built: 1940
  • 1 story

Cooling

  • Cooling Included
  • Cooling: “Central Air”

Water Features

  • Waterfront Features: “Lake”, “River”

Heating

  • Heating: “Forced Air”, “Hot Water”
  • Heating Included

Laundry

  • Features: “Gas Dryer Hookup”, “In Unit”, “Laundry Closet”, “Main Level”, “Washer Hookup”

Listing

  • Listing Contract Date: 2024-08-27
  • Listing Id: 24045050
  • Listing Terms: “Cash”, “Conventional”
  • Mls Status: Active
  • Modification Timestamp: 2025-06-06 17:37:01
  • On Market Date: 2024-08-27
  • Price Change Timestamp: 2025-06-06 17:36:20
  • Standard Status: Active
  • Status Change Timestamp: 2024-08-27 22:39:49
  • 353 days on market

Location

  • City: Douglas
  • State Or Province: MI
  • County Or Parish: Allegan
  • Postal Code: 49406
  • MLS Area Major: Holland/Saugatuck – H
  • MLS Area Minor: Holland/Saugatuck – H

Lot

  • Features: “Corner Lot”
  • 0.24 acres
  • Area: 0.24
  • Dimensions: 81X134
  • 10,454 square feet

Property

  • Parcel Number: 035910002650
  • Property Sub Type: Single Family Residence

Roof

  • Roof: “Shingle”

Additional Rooms

  • Rooms Total: 8

Schools

  • Middle Or Junior School District: Saugatuck-Douglas

Sewer

  • Sewer: “Public”

Taxes

  • Annual Amount: $7,985
  • Tax Year: 2024

Utilities

  • Utilities: “Natural Gas Available”
  • Water Source: “Public”

Windows

  • Features: “Low-Emissivity Windows”, “Insulated Windows”, “Window Treatments”