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Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,948 sqft
Price per Sqft $125
Subdivision Mi
MLS Listing ID 60339726
Sold Date 11/21/24
Style 2 Story
Full Baths 4
Year Built 1850
Annual Tax Amount $7,643
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 94.40 x 83.10
Property Description
Great opportunity to own a Multi-Family property located in downtown Whitmore Lake! Built in 1850, this 2 story home was converted into a 5 unit income property with 2 - One Bedroom Units, 1 - Two Bedroom Units and a large studio/efficiency unit. Across the street, property has 10' deeded access to lake (separate tax ID#). For extra income there is a traditional 484 SF 2 car detached garage and a newer 1344 SF 4 car detached garage with 9' doors. Each unit has its own heat/gas and electric meter. Property is zoned WLD-D (Whitmore Lake Downtown Development). Property is vacant and needs to be completed. It is a conforming 5 unit multifamily. However with the zoning, the municipality would allow someone to have retail on the first floor and apartments upstairs.
Location
State MI
County Washtenaw
Area Northfield Twp (81010)
Rooms
Basement Finished, Poured
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Aluminum, Wood
Building
Story 2 Story
Foundation Basement
Water Private Well
Structure Type Aluminum,Wood
Schools
School District Whitmore Lake Pub School District
Others
Energy Description Natural Gas
Acceptable Financing Land Contract
Listing Terms Land Contract
Financing Cash
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with LPS