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$364,995
New Listing

7038 Whitmore Lake Road
Northfield Township, MI 48189

For Sale|Multi Family|Active
4
Beds
3
Total Baths
3
Full Baths
2,916
SqFt
$125
/SqFt
1960
Built
County:
Washtenaw
Call Now: 810-220-7653
Is this the listing for you? We can help make it yours.
810-220-7653
7038 Whitmore Lake Road7038 Whitmore Lake Road7038 Whitmore Lake Road7038 Whitmore Lake Road
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Fully occupied triplex bringing in $3,600 per month ($43,200 annually) in gross rents, with long term tenants in place who would like to stay, so you're cash flowing from day one. The property sits on approximately 1.08 acres with General Commercial zoning, which opens the door to future redevelopment, expansion, owner-user occupancy, mixed-use concepts, or other commercial uses, subject to Township approval. The mechanicals give you real peace of mind here. The well and septic are inspected annually and have passed every year for the past 30 years, the metal roof means fewer repairs and a longer lifespan, and the HVAC is in good working order. You also get strong road visibility and quick access to US-23, with downtown Whitmore Lake, the lake itself, Independence Lake County Park, and Northfield Community Park all nearby and Ann Arbor just a short drive south. Whether you want a stabilized income property now or a commercial site to grow into down the road, this one gives you both. Please do not disturb tenants. Showings by appointment only.

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Listing Snapshot
Price 
$364,995
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
2,916 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
1.08 Acres
Year Built 
1960
MLS® Number 
20261077651
Status 
Active
Property Tax 
$4,905
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
24 hours agoListing first seen on site
24 hours agoListing updated with changes from the MLS®
General Features
Acres 
1.08
Cross Street 
Whitmore Lake & N Territorial
Disclosures 
Actual Income, No Restrictions, Taxes Not Homestead Exempt
Foundation 
Slab
Levels 
One
Pets 
Call
Property Sub Type 
Multi Family
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Above 
2916
Style 
Ranch
Water Source 
PrivateWell
Zoning 
Commercial, MultiFamily
Interior Features
Heating 
Forced AirHot WaterNatural GasRadiant
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Exterior Features
Construction Details 
Other
Patio And Porch 
Deck
Pool Features 
None
Roof 
Metal
Community Features
MLS Area 
Area04041NorthfieldTwp
School District 
WhitmoreLake
Financing Terms Available 
CashConventional1031 ExchangeTrade
Roads 
Paved
Schools
School District
WhitmoreLake
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of NATOD Management: [email protected]



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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