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

790 Lake Street, Saugatuck, MI 49453

$1,285,000

Amazing location, walk to all town activities.

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/25042452

1 bedroom apartment with views of the pool.

Property Type: Multi Family Lot Size (sq. ft.): 27,748 Status: Active

Current Price: $1,285,000 List Date: 8/21/2025 Last Modified: 9/06/2025

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

Cross Streets: State & Allegan Property Sub-Type: 2 to 4 Units Municipality: Saugatuck City

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 374.2

General Property Info

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

Tax Info

Taxable Value: 256624 SEV: 643200 For Tax Year: 2024 Seller's Annual Property Tax: 12877.07 Tax Year: 2025 Homestead %: 50 Spec Assessment & Ty: 0 Zoning: Res 1 Tax ID #: 035751403500

Remarks & Misc

Public Remarks: 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 Legal: LOT 4 ALSO LOT 3 BLK 4 EX COM AT SW COR LOT 2 TH N 17 DEG 37' W 74.22 FT TH S 71 DEG 14' W 51.29 FT TH S 43 DEG 44' W 47.45 FT TH S 15 DEG 45' W 43.81 FT TH S 17 DEG 37' E 13.81 FT TH N 72 DEG 23' E 117 FT TO BEG ALSO EX COM AT NE COR OF LOT 4 TH S 32 DEG 10'06'' W 115.37' TO NE COR LOT 3 TH S 18 DEG 30'03'' E 19.50' TH N 67 DEG 11'20'' W 85.69' TH N 34 DEG 03' 15'' E 132' TH S 67 DEG 11'20'' E 66

Waterfront Options

Water Access Y/N: No

Water Type

River: 1 Other: 1

Water Fea. Amenities

All Sports: 1 Public Access 1 Mile or Less: 1 View: 1

Lot Description

Level: 1 Recreational: 1 Sidewalk: 1

Street Type

Paved: 1 Public: 1

Util Avail at Street

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1 Phone Available: 1 Public Sewer: 1 Public Water: 1 Storm Sewer: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1

Mineral Rights

Unknown: 1

Laundry Features

Gas Dryer Hookup: 1 In Basement: 1 Washer Hookup: 1

Exterior Material

Vinyl Siding: 1

Roofing

Composition: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Access Feat

Accessibility Features: No

Tenant Pays

None: 1

Driveway

Paved: 1

Substructure

Full: 1

Extras

Sep Electric Meter: 1 Sep Gas Meter: 1 Sep Water Meter: 1 Tenant Storage: 1

Owner Pays

Electricity: 1 Gas: 1 Sewer: 1 Trash Collection: 1 Water: 1

Unit 1

Unit Description: Main Level SqFt: 1717 Occupied: Yes Monthly Rent: 0 Bedrooms: 2 Bathrooms: 2 Full Baths: 1 Half Baths: 1 Central Air: 1 Deck/Patio: 1 Dishwasher: 1 Garage: 1 Garb Disp: 1 Range Oven: 1 Refrigerator: 1 Sep. Heat System: 1 Washer/Dryer: 1

Unit 2

Unit Description: Upper Front SqFt: 800 Occupied: No Monthly Rent: 8625 Bedrooms: 2 Bathrooms: 1 Full Baths: 1 Central Air: 1 Deck/Patio: 1 Fireplace: 1 Range/Oven: 1 Refrigerator: 1 Sep. Heat System: 1 Washer/Dryer: 1

Unit 3

Unit Description: Upper Rear SqFt: 908 Occupied: No Monthly Rent: 6125 Bedrooms: 2 Bathrooms: 1 Full Baths: 1 Central Air: 1 Deck/Patio: 1 Refrigerator: 1 Sep. Heat System: 1 Washer/Dryer: 1

Possession

Close Of Escrow: 1

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

Remarks Misc

Directions: Blue Star south entrance to address.

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 J Durham

Last Updated: September - 06 - 2025

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