MI
Sanilac
Peck Village
48466
41 W Lorraine Street
41 W Lorraine Street, Peck Village, MI 48466
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Listing Type
Other
Listing Status
active
1
$365,000

Home Details for 41 W Lorraine Street

Price
$365,000
Type
Business Opportunity
Bedrooms
0
Bathrooms
3.0
Square feet
3200
Year built
1890
Lot size acres
0.1
County
Sanilac
Garage
Days on site
286
MLS Listing#
81025006945
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. Large deck installed 2022. Can cut costs by adding a bathroom & kitchenette in the upper level apartment. Don't miss this chance to own a highly profitable AFC business & real estate!

Property Features
  • Utilities
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • Phone Available
    • Phone Connected
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Parking
    • Gravel
Listing Courtesy: eXp Realty, LLC - 888-501-7085
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT REALTY GROUP
489 W Nepessing Street, Lapeer, MI 48446
Office
810 245 2600
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