41 W Lorraine ST Active Save Request In-Person Tour Request Virtual Tour
Peck,MI 48466
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $114
MLS Listing ID 81025006945
Year Built 1890
Property Sub-Type BusinessandRealEstate
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. Large deck installed 2022. Can cut costs by adding a bathroom & kitchenette in the upper level apartment. Don't miss this chance to own a highly profitable AFC business & real estate!
Location
State MI
County Sanilac
Area Area76202Peckvlg
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Exterior
Parking Features Gravel
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected
View Y/N No
Roof Type Other
Building
Foundation None, Slab
Sewer PublicSewer
Water Public
Schools
School District Peck
Others
Acceptable Financing Cash, Conventional, Trade1031Exchange
Listing Terms Cash, Conventional, Trade1031Exchange
Special Listing Condition Standard