5.8 acres of vacant land with both Magician Lake frontage and channel frontage. This is an unusual parcel of land that does currently contain three lakefront homes with leased properties. 180 of lake frontage. The leased parcels bring in approximately $8,500 to $9,000 per year. The leases have 12 years + or - remaining. The channel frontage is about 500 and includes both sides of the channel. This property is wooded with a slight hill. Build a walkout home with wonderful privacy. Sewer hookup with all utilities available. Township approval needed for site condos or PUD.
This land located at Vl Polk Road, Dowagiac, MI 49047 is currently listed for sale by Cressy & Everett Real Estate, with an asking price of $1,600,000. The property has approximately 5.80 Acres. Polk Road is located within the Dowagiac school district. Search Dowagiac real estate on www.cressyeverett.com today.
Estimated Payment$ 9,158.81 per month $7,730.23 Principal & Interest $961.92 Property Tax $466.67 Homeowner's Insurance