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Marshall,MI 49068
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 3,065 sqft
Price per Sqft $163
MLS Listing ID 64025043731
Style Traditional
Bedrooms 7
Full Baths 4
Year Built 1998
Lot Size 2 Sqft
Property Sub-Type SingleFamilyResidence
Property Description
Rare investment opportunity in Marengo Township! This fully licensed 6-bed senior care home features private resident rooms, a spacious main-level layout, and a separate basement apartment currently used for staff housing. The home is leased by an established tenant/operator who has run her care business from the property for over 6 years and wishes to stay. Currently generating $4000/month in gross rental income, this property delivers passive cash flow from day one. State inspections are performed annually, covering systems like the septic, water heater, and furnace, offering peace of mind to the next owner. The home is in excellent condition and operates under strict state compliance, but you're not buying a business, just a unique property with stable income and low overhead. Ideal for investors, care operators, or buyers looking to break into the senior housing market with minimal friction. Just Minutes from I-94 and downtown Marshall. Call or Text for Questions: 269-274-3203
Location
State MI
County Calhoun
Area Area96091Marengotwp
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Flooring Carpet, Laminate, Wood
Laundry InBasement
Exterior
Exterior Feature Garden
View Y/N No
Roof Type Composition
Building
Lot Description Wooded
Sewer SepticTank
Water Well
Schools
School District Marshallalbion
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional