790 Lake Street, Saugatuck, MI 49453 (MLS# 25042452)

790 Lake Street, Saugatuck, MI 49453

New Listing
$1,285,000
Property Type: Multi Family Lot Size (sq. ft.): 27,748 Status: Active
Current Price: $1,285,000 List Date: 8/21/2025 Last Modified: 8/21/2025

Description

Exceptional Multi-Family Investment in Downtown Saugatuck. Incredible opportunity to own a premier multi-family property in the heart of Saugatuck with harbor views and an unbeatable location. Offering 3,434 sq. ft. across three distinct units, this property is ideal for an investor seeking income potential or for an owner-occupant looking to offset expenses with rental income. The main level features 2 bedrooms, 2 full baths, a spacious kitchen, dining room, living room, breakfast nook, wet bar, and covered porch. The front upper unit offers 2 bedrooms, 1 bath, full kitchen, living room, and porch with water views. The rear upper unit includes 1 bedroom, 1 bath, kitchen, living area, and private porch overlooking the pool and backyard. The lower level currently serves as storage and a laundry facility for the property. Beautifully landscaped grounds include two koi ponds, fire pit, patio, and a newer in-ground pool with fenced enclosure. Parking is generous with 7 spaces

Supplements: plus a 2-stall garageeasily converted into an amazing game or recreation room to enhance rental appeal. Just steps from 2 amazing communities, this location offers the best of both worlds: stroll into downtown Saugatuck to enjoy restaurants, shops, galleries, and the waterfront boardwalk, or cross into Douglas for a quieter small-town experience. Currently operated as a residence with two short-term rental units, this property comes with a transferable STR certificate, making it a rare and flexible investment opportunity.

More Information MLS# 25042452

Location Property Info

County: Allegan Street #: 790 Street Name: Lake Suffix: Street State: MI Zip Code: 49453 Area: Holland/Saugatuck - H

OfficeContract Info

Status: Active Current Price: $1,285,000 List Price: $1,285,000 Listing Date: 2025-08-19

General Property Info

Lot Measurement: Acres Lot Square Footage: 27748 Lot Acres: 0.64 Lot Dimensions: 74x81x231x66x232 Year Built: 1905 New Construction: No Cert of Compliance: Yes Road Frontage: 155 Total # Units: 3 # of Diff Unit Floor Plans: 3 Total # Bldgs: 1 Total Approx. SqFt All Bldgs: 3434 Total Parking Spaces: 7 Waterfront: No School District: Saugatuck-Douglas

Tax Info

Tax ID #: 035751403500 Taxable Value: 256624 SEV: 643200 For Tax Year: 2024 Seller's Annual Property Tax: 12877.07 Tax Year: 2025 Homestead %: 50 Zoning: Res 1

Remarks Misc

Directions: Blue Star south entrance to address.

Waterfront Options

Water Access Y/N: No

Access Feat

Accessibility Features: No

Unit 1

Unit Description: Main Level SqFt: 1717 Occupied: Yes Bedrooms: 2 Bathrooms: 2 Full Baths: 1 Half Baths: 1

Unit 2

Unit Description: Upper Front SqFt: 800 Occupied: No Monthly Rent: 8625 Bedrooms: 2 Bathrooms: 1 Full Baths: 1

Unit 3

Unit Description: Upper Rear SqFt: 908 Occupied: No Monthly Rent: 6125 Bedrooms: 2 Bathrooms: 1 Full Baths: 1

Property Features

Laundry Features: Gas Dryer Hookup; In Basement; Washer Hookup Water Type: River; Other Exterior Material: Vinyl Siding Roofing: Composition Substructure: Full Lot Description: Level; Recreational; Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer Extras: Sep Electric Meter; Sep Gas Meter; Sep Water Meter; Tenant Storage Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Central Air; Deck/Patio; Dishwasher; Garage; Garb Disp; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 2: Central Air; Deck/Patio; Fireplace; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 3: Central Air; Deck/Patio; Refrigerator; Sep. Heat System; Washer/Dryer
Listing Office: Mill Pond Realty
Listing Agent: Laura Durham
Last Updated: August - 21 - 2025
790 Lake Street, Saugatuck, MI 49453- MLS# 25042452
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