LS Investment Holdings
making northern michigan property ownership a reality
Based on purchase price of $11,900.
Owner financing $10,900 @ 9.958% for 12 yrs.
No penalty for early payoff and no balloon
3 Bedroom, 2 Bath Home In town of Newberry (Upper Peninsula)
Private Improved lot with access to Chippewa Lake!
Easy Land Contract Terms
$1000 down - $130 month
Lake community getaway! There is a new electric service pole with 220 & 110 amp service as well as switch box. Nice open area with fire pit and level area to park your camper, set up camp or build your next up north cabin. The lot is 60' wide and 150' deep and is bordered in the back by a private park that is part of the subdivision creating a nice buffer, and offering great privacy. "Park" is not improved and is wooded. This lot also offers private lake access shared by Barrette Heights subdivision owners. Very nice boat launch within walking distance to Chippewa Lake, a beautiful all sports lake with 4th of July fireworks. This lot is on an elevation that offers seasonal views of the lake. Camping in Chippewa township is approved with a $15 annual camping permit.
Building/zoning: 30' off road, 8' of sides, 10' off rear. 960 sq' min. 22' min. width on manufactured housing
Taxes: $250 annually
Address: 10099 Maple Ln, Chippewa Lake, MI
Parcel #: 03-037-041-000
Tahquamenon River is 1/2 mile north of house.
New paint, drywall on main floor and new flooring. 75% outside painting completed. The west side was not completed before the weather turned (paint provided), New counter tops and some new kitchen cabinets. Good sized main floor bedroom and bathroom with shower stall. Upstairs has two bedrooms and a full bathroom. Main floor washer/dryer hook-up. New windows on the second story and septic plumbing was dug-up, inspected, repaired between house & city line. Electric service box is upgraded. The house is across from an active railroad, so no homes to the north or the east. Street is not busy and walking distance to downtown and local grocery store. Snowmobile right to the trails from this location.
Location: In town of Newberry, Upper Peninsula
Lot Size: 60' X 100'
Utilities: City water, sewer & electric
Heating: Natural gas wall furnace (Semco)
Foundation: Crawl SpaceExterior: Wood siding & t-11 wood siding on newer addition
Roof: Steel Year Built: Early 1900's (historic across from railroad
RENTED UNTIL 1/31/2018
Easy Land Contract Terms: $2000 down and $375 per mo.
Based on purchase price of $37,000 and interest @ 9.948% for 15 years
No penalty for early pay-off and no balloon. (Must have verified steady income)
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