$235,000
$349,900
32.8%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3,500 SqFt
SOLD DATE : 04/20/2021
Key Details
Sold Price $235,000
Property Type Commercial
Sub Type Apartments,Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $67
MLS Listing ID 219108891
Sold Date 04/20/21
Bedrooms 5
Originating Board Realcomp II Ltd
Year Built 1957
Annual Tax Amount $2,182
Lot Size 3.000 Acres
Acres 3.0
Lot Dimensions 348x 316
Property Description
A fully functioning motel/motor lodge W/New Metal Lifetime Roof/ apartments /New heating system, New hot water tank, New sidewalk walkway’s, New doors, new ceramic.oversize septic field, in addition this property is Situated on 3 acres, right on a state highway,12 unit motel rents by the month for $650.00/ $550.00 or daily for $57.00 and $62.00 fully furnished including inventory also has an Office area, laundry area. Remodeled in 2013 (all up to code) Water tested yearly, wifi /cable available.Units include refrigerator /microwave (larger units have efficient kitchen),Handicapped accessible units. monthly sales, income, expenses vary do to occupancy. Monthly incomes range any where from $3,000 /$6,500. DO NOT APPROACH THE OCCUPANTS. Building square footage is estimated, Two New Pumps , Parking Blocks , (No Water Bills on Well )
gas $230 $441 winter months summer $60 month summer
$640 2 /$500 -540 monthly other units 12 units average $5,000 monthly high $7,000 monthly,
Location
State MI
County Lapeer
Area Burnside Twp
Zoning Agricultural,Commercial,Multi-Family,Multiple
Direction M-53 (Van Dyke) just north of Peck Road East side of Van Dyke
Interior
Hot Water Natural Gas
Heating Baseboard, Hot Water
Heat Source Natural Gas
Exterior
Utilities Available Employee Lunch/Lounge, 3 Phase Power, 220V Available
Waterfront no
Road Frontage Paved
Building
Foundation Slab
Sewer Septic Tank (Existing)
Water Well (Existing)
Level or Stories 1 Story
Structure Type Block/Concrete/Masonry,Brick
Schools
School District Marlette
Others
Tax ID 00512801100
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Contract, Conventional, USDA Loan (Rural Dev)
Rebuilt Year 2013
Listing Terms Cash, Contract, Conventional, USDA Loan (Rural Dev)
Financing Cash,Contract,Conventional,USDA Loan (Rural Dev)
Special Listing Condition Full Service
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