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Peck,MI 48466
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