One11 Residences Loon Lake Listing Details & Market Data

3058 Dixie Hwy , Waterford, MI 48328

  • For Sale $1,100,000
  • Property Type Multi-Family
  • Property Size 4,536 SF
  • Units 6
  • Lot Size 1.08 Acre
  • Parking Spaces Avail. 17
  • Property Tenancy Multi-Tenant
  • Year Built 1963
  • Year Renovated 2022
  • Date Updated Mar 19, 2024
Located on the north side of Dixie Hwy, just west of Scott Lake Rd, located on Loon Lake - a beautiful all-sports lake in Waterford.Introducing an exceptional Multi-family investment opportunity nestled on the picturesque shores of Loon Lake in Waterford. This six-unit building offers a unique opportunity for investors or those seeking a peaceful lakeside retreat. The unit mix features 1 two-bedroom condo and 5 one-bedroom apartments that were renovated in 2022 with modern finishes. The property also has six boat slips (2 are occupied), covered parking, and enough parking for 17 vehicles. The residents of the apartment building are able to enjoy stunning waterfront views and serene ambiance all year round. Don't miss out on this exceptional opportunity to own a multi-family lake-front property on one of Oakland County's desirable all-sports lakes!

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Highlights

  • Picturesque & serene lakefront location
  • 6-unit apartment building
  • 100% occupied
  • Additional income opportunity from 6 boat slips
  • Renovated in 2022
  • Located on Loon Lake - an all-sports lake
  • 7.16% CAP

Contacts

broker

Noor Kalasho

P.A. Commercial

(248) 801-9499

Location

Getting Around

  • Walk Score ®

    Car-Dependent (33)

  • Bike Score ®

    Somewhat Bikeable (27)
Powered by Walk Score ®
  • City Waterford, MI
  • Neighborhood Waterford
  • Zip Code 48328
  • Market Detroit

Points of Interest

  • Pontiac

    4.17 miles

  • BP

    0.60 miles

  • Marathon

    0.87 miles

  • Sunoco

    1.00 miles

  • Speedway

    1.06 miles

  • Marathon

    1.51 miles

  • Marathon

    1.52 miles

  • Mobil

    1.53 miles

  • BP

    1.79 miles

  • BP

    1.88 miles

  • Meijer

    1.89 miles

  • Fish Hatchery parking

    1.35 miles

  • Waterford Schools Bus Garage

    2.12 miles

  • RMHA Pool Parking Lot

    3.78 miles

  • Pontiiac School Bus Yard

    3.80 miles

  • Phoenix Center

    4.13 miles

  • Boat Trailer Parking

    4.24 miles

  • Notre Dame Preparatory Marist Academy Parking Lot

    4.56 miles

  • Lot G

    5.45 miles

  • North Campus Associate Parking

    5.51 miles

  • Medical Office Building Parking

    5.53 miles

  • Franks-A-Lot

    0.15 miles

  • McDonald's

    0.80 miles

  • Highlander Coney

    1.40 miles

  • Dixie Diner

    1.54 miles

  • Calabrese's Pizzeria II

    1.70 miles

  • Dairy Queen

    1.75 miles

  • KK Pepper Thai

    1.80 miles

  • La Marsa

    1.81 miles

  • Jet's Pizza

    1.84 miles

  • Taco Bell

    1.86 miles

  • Stevens T. Mason Middle School

    1.12 miles

  • Oakdale Academy

    1.16 miles

  • David Grayson Elementary School

    1.32 miles

  • Waterford Mott High School

    1.35 miles

  • Cooley Elementary School

    1.36 miles

  • Hawthorne School

    1.51 miles

  • Waterford General Baptist Academy

    1.66 miles

  • Leggett School

    1.72 miles

  • Alcott Elementary School

    1.75 miles

  • Waterford Durant High School

    2.07 miles

  • Children's Choice Learning Center

    1.65 miles

  • The Breakie Bunch

    1.72 miles

  • Bright Horizons at St. Joseph Mercy Hospital Oakland

    5.77 miles

  • KinderCare

    6.09 miles

  • Lowry Childcare Center

    7.04 miles

  • Bloomin' Kids Preschool at Conant

    8.61 miles

  • Lakes Area Montesorri

    8.61 miles

  • Childtime

    8.98 miles

  • West Bloomfield KinderCare

    9.25 miles

  • Everbrook Academy of West Bloomfield

    9.60 miles

Contact Listing Broker

broker

Noor Kalasho

P.A. Commercial

(248) 801-9499