Map
Listed price in listed location currency (USD).
$364,995

030

MLS® 20261077651

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2916 sqft
Garage 
Taxes $4,905
Days Active 1
Lot Size 1.08 Acres
Approx. Age 1960
Avg. Price Per Sqft $125
MLS® Number 20261077651

Property Address: 7038 Whitmore Lake Rd, Whitmore Lake, MI, 48189-9192

Average square foot calculated using Size range provided by listing agent.

Description

Fully occupied triplex bringing in $3, 600 per month ($43, 200 annually) in gross rents, with long term tenants in place who would like to stay, so you're cash flowing from day one. The property sits on approximately 1.08 acres with General Commercial zoning, which opens the door to future redevelopment, expansion, owner-user occupancy, mixed-use concepts, or other commercial uses, subject to Township approval. The mechanicals give you real peace of mind here. The well and septic are inspected annually and have passed every year for the past 30 years, the metal roof means fewer repairs and a longer lifespan, and the HVAC is in good working order. You also get strong road visibility and quick access to US-23, with downtown Whitmore Lake, the lake itself, Independence Lake County Park, and Northfield Community Park all nearby and Ann Arbor just a short drive south. Whether you want a stabilized income property now or a commercial site to grow into down the road, this one gives you both. Please do not disturb tenants. Showings by appointment only.
MLS® Number20261077651
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
Driveway
Garage Spaces
HeatForced Air, Hot Water, Natural Gas, Radiant
A/C

Extras

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