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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
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
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
Rooms
Basement Slab
Exterior
Present Use Rental
Road Frontage Blacktop, Paved
Building
Sewer Septic
Water Well
Structure Type Concrete Block,Frame
Others
HOA Fee Include No
Acceptable Financing Owner
Listing Terms Owner