Description
There are 2 homes rented on a monthly basis and a 4 unit motel with rooms rented on a weekly basis, on a 1.3 acre lot with room to add additional units if approved by the township. The annualized income from all 6 units at the current rental rates is $42,320. The buyer could live in the large single family home with 4 bedrooms, and rent the other 5 units, using the rental income to pay all bills including the mortgage payments, insurance and property taxes.
-
0BEDS
-
1.29ACRES
-
1BATHS
-
01/2 BATHS
-
1,814SQFT
-
$138$/SQFT
Description
There are 2 homes rented on a monthly basis and a 4 unit motel with rooms rented on a weekly basis, on a 1.3 acre lot with room to add additional units if approved by the township. The annualized income from all 6 units at the current rental rates is $42,320. The buyer could live in the large single family home with 4 bedrooms, and rent the other 5 units, using the rental income to pay all bills including the mortgage payments, insurance and property taxes.
IDX provided courtesy of Realcomp II Ltd. via Novak & Associates | Real Estate One and Southeastern Border AOR MLS, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Novak & Associates | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-07-02T23:57:48.07.
IDX provided courtesy of Realcomp II Ltd., via Real Estate Solutions/Mi, Llc-Temperance: (734) 850-1000 and Southeastern Border AOR MLS, ©2022 Realcomp II Ltd. Shareholders.