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540 Saint Joseph Street
Lake Leelanau, MI 49653
$1,500,000
Fantastic 8 unit townhouse Development in the Heart of Beautiful Leelanau County! These don't come available often. Built in 2002 these 2 bldgs each have 4 townhouse units all identical with 2 br. 1.5 baths all are separately metered for natural gas and electric. Each unit has a 5 ft. crawlspace with furnace and hotwater heater. Each unit has a private deck area and front porch. Fully rented and seldom is there a turnover here. Each bldg has it's own septic system and the 2 bldgs share a onsite water well. Land division process is being done and Health Department point of sale well and septic have been ordered.
| Mls #: | 80074635 |
|---|---|
| Asking Price: | $1,500,000 |
| Property Type: | Multi Family |
| Type: | Multi-Family |
| Property Status: | Active |
| Bank Owned: | No |
| Lavatory: | 0 |
| Square Feet: | 784 |
| # Of Acres: | 1.22 |
| Waterfront Y/N: | No |
| Town: | Lake Leelanau |
| County: | Leelanau |
| Subdivision: | Saint Joseph Apartments |
| ZIP: | 49653 |
| Year Built: | 2002 |
| Total Units: | 8 |
| Area: | Leland Twp (45009) |
| Sale/Rent: | For Sale |
| Section: | 26 |
| School District: | Leland Public School District |
| Contract: | Exclusive Right to Sell |
| Assessments Y/N: | No |
| Occupancy: | At Closing |
| Lot Size: | 150' x 357' |
| Unit 1 Occupied Y/N: | Yes |
| Unit 1 Rent Rate: | $7,475 |
| Summer Tax Year: | 2026 |
| Winter Tax Year: | 2025 |
| Sev Year: | 2026 |
| Summer Tax Amount: | 6420.38 |
| Winter Tax Amount: | 1520.81 |
| Total Tax Amount: | $7,941 |
| Ownership: | Private |
| Listing Broker Sign Y/N: | No |
| Municipality: | Leland |
| Source Mls: | MiRealSource |
| Originating Mls: | Aspire North REALTORS |
| Directions: | Take M-204 west into Lake Leelanau turn left at NJ's Market onto St Joseph St. follow south to private portion of St. Joseph st. last driveway on the right to the 2 4 unit townhouse bldgs. on left |
| Appliances: | Dishwasher, Range/Oven, Refrigerator |
| Exterior Features: | Deck, Porch |
| Foundation Type: | Crawl |
| Fuel Type: | Natural Gas |
| Heating System: | Forced Air |
| Water Heater: | Electric |
| Lease Information: | Month-To-Month, Seasonal, Water Included |
| Water: | Private Well |
| Water Features: | None |
| Zoning: | Residential |
| Rent Spree Y/N: | No |
| Utilities: | Cable Available |
| Possession: | At Close |
Listing Courtesy of: Bayside Real Estate
Listing Agent: Sharon Reid-Brown
231-632-6260
5748 US 31 Williamsburg, MI 49690
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Copyright 2015 MiRealSource. All rights reserved. This information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licenses and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the
Originating MLS as filed with it by its members. The accuracy of all information, regardless of source, is not
guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary
information of MiRealSource, Inc. and its shareholders, affiliates and licenses and may not be reproduced or
transmitted in any form or by any means, electronic, or mechanical, including photocopy, recording, scanning or any
information storage and retrieval system, without written permission from MiRealSource, Inc.
MiRealSource data last updated on November 02, 2026 08:19 PM - ET.
Property Last Updated: November 02, 2026 08:19 PM - ET
