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41 W Lorraine Street, Peck Village, MI 48466
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$365,000
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Home Details for 41 W Lorraine Street
Price
$365,000
Type
Other
Total Bathrooms
3
Year Build
1890
Sq. Ft.
3200
Lot Size
0.1
County
Sanilac
Tax
$1,411
MLS®️ Listing#
81025006945
On exitrealty.com
264 days
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!
- Utilities
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Phone Connected
- Heating Information
- Forced Air
- Natural Gas
- Cooling Information
- Central Air
- Water Features
- Public
- Parking
- Gravel
Listing Courtesy: eXp Realty, LLC - 888-501-7085
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Market statistics compiled from data from Michigan Regional Information Center.
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$365,000
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EXIT REALTY GROUP
489 W Nepessing Street, Lapeer, MI 48446