Prime Investment Opportunity! This exceptional property, conveniently located at the corner of US-131 and M-66, presents a lucrative business venture. Currently operating as 25 units, with potential to expand to 27 units, this versatile space offers an array of rental options. Discover three charming 1-bedroom apartments, a spacious 2-bedroom unit, a 3-bedroom modular home, and several cozy efficiency units - some even equipped with kitchenettes. The addition of four brand-new hot water heaters ensures optimal comfort for all tenants. With on-site coin-operated laundry facilities and impressive monthly gross earnings of $18k, this is an investment not to be missed!Owner is a licensed real estate agent.
General Information
Price: $895,000
Price/SqFt:
Status:
MLS#: 201827705
City: mancelona
Post Office:
County: Antrim
Acres: 0
Lot Dim: 236x360x460x140
Year Built: 0
Tax, Fees & Legal
Est. Summer Taxes: $0 Est. Winter Taxes: $0 Buyer's Agency Compensation*:
*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Listing Courtesy of: Daphne Cousineau of The TEAM Real Estate Group
