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41 W Lorraine Street, Peck, MI 48466
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$375,000
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Home Details for 41 W Lorraine Street
Price
$375,000
Type
Commercial/Industrial
Total Bathrooms
3
Full Bathrooms
3
Year Build
1890
Lot Size
0.1
County
Sanilac
Tax
$1,411
MLS®️ Listing#
25006945
On exitrealty.com
249 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
- Natural Gas Available
- Phone Available
- Cable Available
- Phone Connected
- Natural Gas Connected
- Electricity Connected
- Cable Connected
- Heating Information
- Natural Gas
- Forced Air
- Cooling Information
- Central Air
- Water Features
- Public
- Parking
- Gravel
Listing Courtesy: eXp Realty, LLC - 888-501-7085. Presented by: Wendi Collins
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Market statistics compiled from data from Southwest Michigan Regional Information Center.
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$375,000
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