REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 364,995
Est. payment /mo
New
7038 Whitmore Lake Road Whitmore Lake, MI 48189
3 Baths
1.08 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Northfield Twp
Subdivision Northfield Twp
MLS Listing ID 20261077651
Year Built 1960
Annual Tax Amount $4,905
Lot Size 1.080 Acres
Acres 1.08
Lot Dimensions 337 X 180 X 186 X 234
Source Realcomp
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.
Location
State MI
County Washtenaw
Zoning Commercial,Multi-Family
Direction Whitmore Lake x N Territorial x Tri-plex
Rooms
Basement Slab
Interior
Heating Forced Air, Hot Water, Radiant
Exterior
View Y/N No
Roof Type Metal
Building
Water Well
Structure Type Other
Schools
School District Whitmore Lake
Others
Tax ID B00219100009
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by NATOD Management
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
QUICK SEARCH