Lake City MI Real Estate &

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Beds:
n/a
Baths:
Sq.Ft.:
1,277
Status:
Active
MLS#:
80045950
Type:
Multi-Family
Subdivision:
N/A
Lot size:
0.36 Acres
Year built:
1930
Courtesy: Five Star Real Estate - Shelby St Cadillac 231-733-3080
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ADDITIONAL INFORMATION

The iconic "Cobblestone Station" that welcomes you to the south end of Lake City offers a buyer many options. It has been used as a single family home for the last several years. The home has been completely renovated, keeping the charm of the local field stone in place. The home is set up as two separate apartments, each with its own electric meter. The main floor offers one large bedroom, bathroom, kitchen, and the living room area which showcases the old stone pillars and stone wall of the home. As you enter the upstairs through the arched entryway, you will find another fully finished living space. With an open floor concept there is a full kitchen, bathroom, living room, and bedroom. The architecture of the large dormers allows for plenty of floor space and natural light. Outside you will discover a small guest house, complete with a shower, toilet, and sink area. This has potential for another rental income. There is a fenced yard offering privacy and plenty of room to play or park your toys. With no zoning for this township, this property offers many possibilities, and would make a great two unit apartment, office or retail space with living upstairs. It would make a great short term rental investment, with the ability to have 3 separate rentable spaces plus room for RV parking. Downtown Lake City is just a bike ride away where you can enjoy the beaches of Lake Missaukee, the "Greatest Fourth in the North" celebration, and hit all of the eateries and pubs available. Come be a part of this great piece of history and see all of the charm that this property brings. With a large down payment, there could be possibilities for seller assisted financing.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Lake City Real Estate

Lake City is located in Michigan. Lake City, Michigan has a population of 767. Lake City is more family-centric than the surrounding county with 30.46% of the households containing married families with children. The county average for households married with children is 27.63%.

The median household income in Lake City, Michigan is $51,719. The median household income for the surrounding county is $50,695 compared to the national median of $69,021. The median age of people living in Lake City is 39.3 years.

Lake City Weather

The average high temperature in July is 80.1 degrees, with an average low temperature in January of 10 degrees. The average rainfall is approximately 32.5 inches per year, with 68.8 inches of snow per year.

Lake City Map

Lake City Real Estate Market Conditions

  • Median sales price

    $251,000
    19.8%
    change since last quarter
  • # Active listings

    68
    30-day change

Lake City Schools and Demographics

Education near Lake City, MI

City County
High School Graduates 92.82 90.16
College Degree - 2 year 5.83 11.44
College Degree - 4 year 25.63 15.22
Graduate Degree 6.41 3.42
Expenditures per Student 11,303 11,303
Students per Teacher 18 18

Elementary Schools near Lake City, MI

Grades Students P/T Ratio ZIP
FIFE Lake Elementary School KG - 04 197 18.2 49633
Lake City Elementary School KG - 05 508 19 49651
Manton Consolidated Elementary School PK - 04 361 18.7 49663
McBain Elementary School PK - 04 399 18.1 49657

Middle Schools near Lake City, MI

Grades Students P/T Ratio ZIP
Forest Area Middle School 05 - 08 166 16.4 49633
Lake City Lower Elementary School KG - 02 260 21 49651
Lake City Middle School 06 - 08 267 16.2 49651
Manton Consolidated Middle School 05 - 08 280 20.9 49663
McBain Middle School 05 - 08 310 20.2 49657

High Schools near Lake City, MI

Grades Students P/T Ratio ZIP
Forest Area High School 09 - 12 172 19.9 49633
Lake City High School 09 - 12 340 20.5 49651
Manton Consolidated High School 09 - 12 285 19 49663
McBain High School 09 - 12 298 21.8 49657

Demographics near Lake City, MI

City County
Neighborhood Type Small town
Population 767 15,038
Population Density 732 27
Median Age 39.3 42.5
People per Household 2.6 2.5
Median Household Income 51,719 50,695
Average Income per Capita 27,089 25,856

Real estate near Lake City