34427 Jefferson Avenue
Harrison Township, MI 48045
- – beds
- 2.2 baths
- 1,365 sqft
- ~1/2 acre lot
- $263 per sqft
- 1960 build
- – on site
Welcome to a remarkable investment opportunity! This property is your ticket to a steady stream of income, currently generating $3,500.00 per month in gross revenue from 3 units. There's a one bedroom upstairs and a 2 bedroom downstairs in the main house. These units are currently rented. All 3 units have separate independent utilities. Behind the two-unit residence stands a versatile office building and a spacious garage, providing an array of possibilities for entrepreneurial ventures with a possible 4th unit build out to increase the revenue to almost 5,000 a month. Whether you are looking to maximize cash flow by renting out all the units or prefer to enjoy the benefits of living in one unit while leasing the others, this property caters to various investment strategies. The downstairs apartment is under contract until Sept 30th, transitioning to a month-to-month thereafter. Meanwhile, the lease for the upstairs apartment has concluded, but the tenants are still in place on a month-to-month basis. Beyond its potential as a residential income property, this space offers an additional opportunity for a business. The back section is ready-made for a barbershop, beauty salon, dog grooming facility, office or a similar enterprise. Furthermore, its versatile design allows for easy conversion into a different type of business. There is also a separate entrance and room to make a possible 4th unit for even more income potential. The property also has plenty of parking, making it an ideal choice for business owners with a fleet of trucks. If you've been dreaming of starting your own business or expanding an existing one, this property provides the perfect foundation. It's important to note that showings are available through direct contact with the Listing Agent, and a 48-hour notice is required to view the occupied units in the home. Also this is a commercial property and requires a commercial loan approval or cash funds to purchase and see it. Don't miss out on this exceptional investment opportunity!
Listing courtesy of REALCOMP / USA #1 Realty LLC
Last checked:
Checking…
•
Last updated May 2, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# 20240015402 —
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/1/24
May 1, 2024
|
Pending | REALCOMP | $359,000 | |
3/12/24
Mar 12, 2024
|
Listed / Active | REALCOMP | $359,000 | 15.8% (8.1% / YR) |
3/31/22
Mar 31, 2022
|
REALCOMP | $310,000 | -16.2% |