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Monthly Estimate*
$ 2,340
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. Tenant pays all utilities.
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21710 29 Mile Road, Ray Twp, MI, 48096 is a Multi-Family Home for sale at $375,000 with 3,752 sqft and a lot size of 0.65. 21710 29 Mile Road has 5 bedrooms, 3.0 baths, and was built in 1942. The property's zip code is 48096 which is in Ray Twp, MI
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