1401 Saint Clair Boulevard
Algonac, MI 48001
Single Family Residence · MLS # 58050216252 · Listing courtesy of RE/MAX Advisors
About this home
Unique Turnkey Income-Producing property just two blocks from the public boat launch and within walking distance of downtown Algonac. The building is divided into two separate sections: a larger, fully renovated two-bedroom cottage currently operated as a successful VRBO, and a smaller salon space that provides additional monthly rental income. The cottage features nautical charm, a warm wood ceiling, an open living area, full kitchen, Smart TV, Wi-Fi, and on-site trailer parking. Conveniently located near the St. Clair River, Lake St. Clair, marinas, fishing, parks, dining, and waterfront activities. A distinctive opportunity for entrepreneurs and investors seeking multiple income streams.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Algonac
Over the last 90 days, 35 homes sold in Algonac for a median of $290,000, about $193 per square foot, and the typical one went under contract in 15 days. This home is listed at $214,900, or $154 per square foot, 20% below the city median, and has been on the market 36 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Algonac sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $3,525 a year. A buyer who lives here would pay about $4,046 a year once the taxable value resets after the sale, at the 2025 homestead rate of 37.28 mills for Algonac City and Algonac schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Algonac
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