Expired
548 Shattuck Road, Carrollton, MI 48604
$799,900
MLS # 50134192 (MiRealSource)
Built 19721.47 acres
1 / 31
Listing Description
Fully stabilized mixed-use investment offering strong in-place cash flow, zero vacancy risk in core components, and immediate upside through commercial lease-up. NOI: $115,860 Gross Income: $154,560 Expenses: $38,700 Cap Rate: ~14.5% Residential 8 Units – 100% occupied with stable income. Warehouse 8,000 SF – 100% occupied. Below-market rents. Commercial Space 3,000+ SF vacant. Value-add lease-up opportunity. Permitted Uses: Retail store, convenience store, grocery store, restaurant, café, coffee shop, bakery, barbershop, hair salon, nail salon, spa, massage therapy, medical office, dental office, chiropractic clinic, physical therapy clinic, pharmacy, insurance office, real estate office, law office, accounting office, professional office, coworking space, daycare center, tutoring center, fitness studio, gym, yoga studio, martial arts, ETC. Additional Income Coin-operated washer & dryer generating approximately $200/month ($2,400/year). Upside Potential: Lease commercial space, increase warehouse rents, unit conversions. $40K+ additional income potential. High cash-flow asset with immediate income and strong upside. Priced for fast sale.
Source: SparkMLS
About this home
Located in Carrollton Township in Carrollton, this property offers 8-bath, with original construction dating to 1972.
Currently offered at $799,900.
Electric service is provided by Consumers Energy Company. Broadband is available with download speeds up to 1,000 Mbps from 8 providers.
Listing Property Details
Property TypeMulti Family
Bathrooms8
Lot Size1.47 acres
Year Built1972
Location
CityCarrollton
MunicipalityCarrollton Twp
Zip Code48604
CountySaginaw
Construction & Systems
HeatingForced Air
Sale & Financing
Listed2/22/2024
Original Price$949,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Paul Burback
The Miller Group
Frequently Asked Questions about 548 Shattuck Road, Carrollton, MI 48604
Can I use FHA or VA financing for this property?
Per MLS# 50134192, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 548 Shattuck Road, Carrollton, MI 48604 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 548 Shattuck Road, Carrollton, MI 48604 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 548 Shattuck Road, Carrollton, MI 48604. The maximum advertised download speed is 1.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 548 Shattuck Road, Carrollton, MI 48604?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Carrollton Twp police department or the Saginaw County sheriff's office.
Map
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Monthly payment$5,188
Principal & interest$5,188
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1 Gbps
Upload
35 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
548 Shattuck Road, Carrollton, MI 48604
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Municipality
Carrollton Township
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