$370,000
$409,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Baths
0.54 Acres Lot
SOLD DATE : 11/21/2024
Key Details
Sold Price $370,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Northfield Twp
Subdivision Northfield Twp
MLS Listing ID 20240068040
Sold Date 11/21/24
Originating Board Realcomp
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 Ann Arbor/Washtenaw - A
Zoning Commercial,Multi-Family
Direction Heading West On E Shore Dr, Turn Right Onto Main St. Property Is 3rd On Left After Harbor Cove Circle
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Well
Structure Type Aluminum Siding,Wood Siding
Schools
School District Whitmore Lake
Others
Tax ID B00205328018
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Special Listing Condition {"Other":true}
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