- – beds
- 8 baths
- 2,863 sqft
- 3 sqft lot
- $296 per sqft
- 1974 build
- – on site
Welcome to an incredible opportunity to acquire a cash-flowing, Waterfront multi-family property on Highland Road in Highland Township. The property features 8 apartment units spread across 2 buildings. This well-maintained asset includes: (5) 1-Bedroom / 1 Bath Units, (3) Studio Units. Each unit has its own private entrance and full bathroom, with recent upgrades including: Fresh interior and exterior paint, new flooring, newer roof (2021), new signage, new water filtration, new electrical service, and many additional updates included. The on-site parking lot, individual electrical meters, and low utility costs make this property manageable. The property is 100% occupied, grossing each month, and includes several long-term tenants and leases extending until 2026. Interior showings only after accepted offer.
Last checked:
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Last updated May 15, 2025
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MLS# 20250030561 —
The Building
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Year Built:1974
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Year Remodeled:1974
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New Construction:false
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Construction Materials:Block, VinylSiding, WoodSiding
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Architectural Style:Ranch
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Roof:Asphalt
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Levels:Two
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Basement:false
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Foundation Details:Slab
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Above Grade Finished Area:2863.0
Interior
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Fireplace:false
Room Dimensions
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Living Area:2863.0
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Living Area Source:Appraiser
Location
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Directions:1298 E Highland Rd. Highland, MI 48356, Milford Rd To Highland Rd, E To Property.
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Cross Street:1298 E highland Rd
The Property
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Parcel Number:1123304002
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:3.68
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Lot Size Area:3.68
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Lot Size Dimensions:Irregular
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Lot Size Units:Acres
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Zoning Description:Commercial,Multi-Family
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Road Frontage Feet:200
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (248) 250-2937
- Office phone:
- (248) 688-7838
Taxes
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Tax Legal Description:T3N, R7E, SEC 23 PART OF NW 1/4 OF SW 1/4 BEG AT PT DIST S 03-09-00 W 419.90 FT FROM NE COR THEREOF, TH S 03-09-00 W 918.50 FT, TH N 86-41-00 W 200.05 FT, TH N 03-09-00 E 730.05 FT, TH N 49-57-00 E 274.45 FT TO BEG EXC THAT PART BEG AT NE COR THEREOF, TH S 03-09-00 W 141 FT, TH N 35-00-00 W 44 FT, TH N 54-00-00 E 30 FT, TH N 35-00-00 W 63 FT, TH NELY 55 FT ALG SLY R/W LINE OF HWY TO BEG, ALSO BEG AT NW COR THEREOF, TH S 03-09-00 W 63.11 FT, TH S 80-00-00 W 60 FT, TH N 03-09-00 E 30 FT, TH NELY 77 FT ALG SLY R/W LINE OF HWY TO BEG 3.78 A
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Tax Assessed Value:140860
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Tax Annual Amount:7164.0
Baths
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Total Baths:8
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Full Baths:8
Heating & Cooling
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Heating:ENERGYSTARQualifiedFurnaceEquipment, ForcedAir, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:SepticTank
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Water Source:Well
Schools
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High School District:HuronValley
The Community
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Pets Allowed:CatsOk, DogsOk
Parking
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Attached Garage:false
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Parking Features:ParkingLot, Paved
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/13/25
May 13, 2025
|
Listed / Active | REALCOMP | $849,900 | 61.9% (36.4% / YR) |
8/31/23
Aug 31, 2023
|
REALCOMP | $525,000 |