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Listed by Daphne Cousineau • The TEAM Real Estate Group
$695,000
Est. payment /mo
Active
78 I-75BL Grayling, MI 49738
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Key Details
Property Type Commercial
Sub Type Business Op
Listing Status Active
Purchase Type For Sale
Subdivision T27N R3W
MLS Listing ID 201833153
Property Sub-Type Business Op
Source Water Wonderland Board of REALTORS®
Property Description
Prime Investment Opportunity! This prime investment opportunity is conveniently located just outside of Grayling on N I-75 business loop. With a high occupancy rate and gross monthly income of 13k, this property offers excellent potential for profit. Featuring seven buildings, including ten efficiency units, some with kitchenettes; a large one-bedroom apartment; a duplex with two spacious one-bedroom units; a duplex cabin with two nice two-bedroom units, a charming two-bedroom house, and even a mobile home. Additionally, there is a large partially heated pole barn on-site, laundry room for your tenants, and two brand new water heaters installed. Don't miss out on this lucrative chance to expand your portfolio! Owner is a licensed real estate agent.
Location
State MI
County Crawford
Community T27N R3W
Area T27N R3W
Direction from North Down River Rd and I-75 Business loop, north on I-75 BL for 1 mile to the property on east side of the road
Building
Sewer Septic
Others
Tax ID 040-44-031-15-040-00
Acceptable Financing Conventional Mort, Cash
Listing Terms Conventional Mort, Cash