7038 Whitmore Lake Rd, Northfield Township, MI 48189

$364,995
3
BA
2,916
SqFt

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List Price
$364,995
MLS#
20261077651
Status
ACTIVE
Bathrooms
3

Property Description

Fully occupied triplex bringing in $3,600 per month ($43,200 annually) in gross rents, with long term tenants in place who would like to stay, so you're cash flowing from day one. The property sits on approximately 1.08 acres with General Commercial zoning, which opens the door to future redevelopment, expansion, owner-user occupancy, mixed-use concepts, or other commercial uses, subject to Township approval. The mechanicals give you real peace of mind here. The well and septic are inspected annually and have passed every year for the past 30 years, the metal roof means fewer repairs and a longer lifespan, and the HVAC is in good working order. You also get strong road visibility and quick access to US-23, with downtown Whitmore Lake, the lake itself, Independence Lake County Park, and Northfield Community Park all nearby and Ann Arbor just a short drive south. Whether you want a stabilized income property now or a commercial site to grow into down the road, this one gives you both. Please do not disturb tenants. Showings by appointment only.

Additional Information

Year Built
1960
Acres
1.08
Style
Ranch
Acres
1.08
School District
Whitmore Lake
Heating
Forced Air, Hot Water, Natural Gas, Radiant

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Courtesy of NATOD Management 2486097108