MLS # 26028158 (Michigan Regional Information Center (MichRIC))

Fully occupied triplex on approximately 1.08 acres with General Commercial zoning, offering immediate income and future upside. The property generates $3,600 per month ($43,200 annually) in gross rental income and is occupied by long-term tenants who would like to remain, providing day-one cash flow. GC zoning offers future potential for redevelopment, expansion, owner-user occupancy, mixed-use concepts, or other commercial uses, subject to Township approval. Located on Whitmore Lake Road with strong visibility, convenient access, and close proximity to US-23, the property combines current income with long-term value potential. An excellent opportunity for investors seeking a stabilized asset with commercial zoning in a growing corridor. Collect income today while exploring future possibilities. Please do not disturb tenants. Showings by appointment only.
Source: SparkMLS
Listed at $389,900.
Estimated annual property tax: $4,905, or about $409 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
*OLD SID - B 02-019-008-10 NO 19-3C-2 COM AT E 1/4 COR, TH NLY 266.49 FT ON E LN OF SEC TO POB, TH DEFL 90 DEG 10' LFT 185.84 FT, TH DEFL 49 DEG 59' RT 234.7 FT ON E LN WHITMORE LAKE RD, TH DEFL 129 DEG 57' 30'' RT 337.2 FT,TH DEFL 90 DEG 13' 40'' RT 1 80 FT ON E LN OF SEC TO POB, PART NE 1/4 SEC 19 T1S R6E 1.08 AC.
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Abby Chase
Beal Properties LLC
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7038 Whitmore Lake Road, Whitmore Lake, MI 48189
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Municipality
Northfield Township
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County
Washtenaw County
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