Peck,MI 48466

$ 375000

- Bed

3 Baths

3200 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $117

MLS Listing ID 25006945

Full Baths 3

Year Built 1890

Annual Tax Amount $1,411

Tax Year 2024

Lot Size 4,356 Sqft

Property Sub-Type Business

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 Sanilac County - 77

Interior

Heating Forced Air

Cooling Central Air

Inclusions Other, Real Estate, Inventory, Furniture, Equipment

Exterior

Utilities Available Phone Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected

View Y/N No

Building

Building Description Aluminum Siding, Bath Common Area,Multi User Facility

Foundation Slab

Structure Type Aluminum Siding

New Construction No

Schools

School District Peck

Others

Acceptable Financing Conventional,Tax Def Exchange,Cash

Listing Terms Conventional,Tax Def Exchange,Cash

View More
Favorite Go Tour