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$ 375,000
Est. payment /mo
Contingent
41 W Lorraine Street Peck, MI 48466-9619
3,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Contingent
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $117
Subdivision Mi
MLS Listing ID 25006945
Year Built 1890
Annual Tax Amount $1,411
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 131' X 117' X 130'
Property Sub-Type Business
Property Description
Turnkey investment opportunity! This 6-bed AFC home is an EXCELLENT MONEY MAKER & CASH COW with immediate cash flow and a strong revenue return. Home was remodeled 2018, with 60% of the home renovated. The exterior is ready for improvements--siding, windows, fascia, soffit, and gutters--but with the strong income stream, these updates can be easily tackled within the first year while still yielding a hefty profit. Major components are in great shape--the roof, mechanicals, and central air are all solid, and the Generac generator (installed in 2019) provides backup power. Can cut costs by completing the 2nd-story remodel and adding a mini-split for heating/cooling. Don't miss this chance to own a highly profitable AFC business & real estate!
Location
State MI
County Sanilac
Area Update
Zoning Residential
Interior
Heating Forced Air
Exterior
Parking Features 6-10 Spaces
Roof Type Other-See Remarks
Building
Structure Type Aluminum,Frame,Wood
Others
Ownership Other/See Remarks
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by eXp Realty, LLC