41 W Lorraine Street, Peck, Michigan

$365,000

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3,200

Square feet

0.10

Acres

About 41 W Lorraine Street

Turnkey investment opportunity! This 6-bed AFC home is an EXCELLENT MONEY MAKER & CASH COW with immediate cash flow and a strong revenue return. Home was remodeled 2018, with 60% of the home renovated. The exterior is ready for improvements--siding, windows, fascia, soffit, and gutters--but with the strong income stream, these updates can be easily tackled within the first year while still yielding a hefty profit. Major components are in great shape--the roof, mechanicals, and central air are all solid, and the Generac generator (installed in 2019) provides backup power. Large deck installed 2022. Can cut costs by adding a bathroom & kitchenette in the upper level apartment. Don't miss this chance to own a highly profitable AFC business & real estate!

Features of 41 W Lorraine Street

MLS® # 70453604
Price $365,000
Square Footage 3,200
Acres 0.10
Year Built 1890
Type Commercial
Sub-Type Business
Status Active
Source MLS MiRealSource
Originating MLS Greater Metropolitan Association of REALTORS

Community Information

Address 41 W Lorraine Street
Area UPDATE
City Peck
County Sanilac
State Michigan
Zip Code 48466-9619

Amenities

Features Furniture, Bath
Parking 6-10 Spaces
Is Waterfront No

Interior

Heating Forced Air

Exterior

Roof Other-See Remarks
Construction Aluminum, Frame, Wood

Additional Information

Zoning Residential
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeeXp Realty, LLC

Listing Map

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