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About the Listing 1117 - 27544,27544
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. Huge lot would allow plenty of space for expansion. Will consider all reasonable offers!
Listing Highlights for 21710 29 Mile
Status
Active
Days on Site
55
Property Type
Commercial Sale
MLS ®
50182364
Year Built
1942
Total Square Footage
3,752
Lot/Acreage
0.65
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C,HVAC
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3752
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Private Well
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 144 X 187 X 27 X 223
- Zoning: Commercial
- Roof: Metal
- Others:
- Sewer: Septic
- Parking Features: 6-10 Spaces
Financial Details
- Tax Amount: $1,853
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
21710 29 Mile Ray, MI 48096
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