41 W Lorraine Street, Peck, MI 48466-9619
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 375,000
Est. payment | /mo

3,200 SqFt

Save
$ 375,000
Est. payment | /mo
Save

3,200 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $117

Subdivision Mi

MLS Listing ID 25006945

Year Built 1890

Annual Tax Amount $1,411

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 131' X 117' X 130'

Property Sub-Type Business

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. Can cut costs by completing the 2nd-story remodel and adding a mini-split for heating/cooling. Don't miss this chance to own a highly profitable AFC business & real estate!

Location

State MI

County Sanilac

Area Update

Zoning Residential

Interior

Heating Forced Air

Exterior

Parking Features 6-10 Spaces

Roof Type Other-See Remarks

Building

Structure Type Aluminum,Frame,Wood

Others

Ownership Other/See Remarks

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by eXp Realty, LLC

Nearby Locations

Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI 54143-1713, USA

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41 W Lorraine Street