790 Lake Street, Saugatuck, MI 49453
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by:laura j durham
Office:mill pond realty
MLS#:25042452
Source:MI_GRAR
Price summary
- Price:$1,285,000
About this home
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 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.
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Home facts
- Year built:1905
- Listing ID #:25042452
- Added:51 day(s) ago
- Updated:October 11, 2025 at 03:33 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1905
- Lot area:0.64 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,285,000
- Tax amount:$12,877 (2024)
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