21710 29 Mile Rd
Ray Twp
Michigan
États-Unis
48096

#MLS: 50147583

445 000 $US USD

Les détails

Caractéristiques de la propriété

Date mise à jour: 16 juil. 2024

Détails sur la construction

Année de construction
1942

Superficie

Superficie du terrain/lot
2 630m² (0,65ac)
Système d’air climatisé
Air climatisé central

Description

Welcome to this fantastic investment opportunity in a prime location! This 2-story 3 unit building features two spacious apartments upstairs, each 938 sqft with 2 bedrooms and 1 bath. The lower level is 1876 sqft currently being used as living quarters but can be reverted back to business use as store, retail, office and more, offering endless possibilities for additional income streams. Each unit provides a private entrance. Located in an area with high traffic counts and high visibility. This property is perfect for entrepreneurs looking to establish a business in a prime community. The apartments provide a steady rental income, making this property a lucrative investment for any savvy investor. CAP RATE 8% or more (current rent is well below area average). Land contract available. We will consider all reasonable offers. Huge lot would allow plenty of space for expansion.

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Emplacement

21710 29 Mile Rd
Ray Twp
Michigan
États-Unis