John Bolos
This listing was posted on RealtyWW.
$445,000
Mile Rd, Home For Sale
Price:
$445,000
BR/BA:
5 BR, 3 BA
Location:
21710 29 Mile Rd, Ray, MI
Description:
Welcome to this fantastic investment opportunity in a prime location! This 2-story 3 unit building features two spacious apartments upstairs, each 938 sqft with 2 bedrooms and 1 bath. The lower level is 1876 sqft currently being used as living quarters but can be reverted back to business use as store, retail, office and more, offering endless possibilities for additional income streams. Each unit provides a private entrance. Located in an area with high traffic counts and high visibility. This property is perfect for entrepreneurs looking to establish a business in a prime community. The apartments provide a steady rental income, making this property a lucrative investment for any savvy investor. CAP RATE 8% or more (current rent is well below area average). Land contract available. We will consider all reasonable offers. Huge lot would allow plenty of space for expansion. Tennant pays all utilities.For more details: https://realtyww.info/homes_ray-c434889/for-sale_i73765267
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More About this Listing: Mile Rd, Home For Sale
Mile Rd, Home For Sale is a Five Bedroom 3.5 Bath Single-Family Homes for Sale at 21710 29 Mile Rd in Ray MI. Find other listings like Mile Rd, Home For Sale and listings near 21710 29 Mile Rd by searching Oodle Classifieds for Five Bedroom 3.5 Bath Single-Family Homes for Sale in Ray MI.
Mile Rd, Home For Sale is a Five Bedroom 3.5 Bath Single-Family Homes for Sale at 21710 29 Mile Rd in Ray MI. Find other listings like Mile Rd, Home For Sale and listings near 21710 29 Mile Rd by searching Oodle Classifieds for Five Bedroom 3.5 Bath Single-Family Homes for Sale in Ray MI.