About 7038 Whitmore Lake Road
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.
Features of 7038 Whitmore Lake Road
| MLS® # | 20261077651 |
|---|---|
| Price | $364,995 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,916 |
| Acres | 1.08 |
| Year Built | 1960 |
| Type | Multifamily |
| Sub-Type | Ranch |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 7038 Whitmore Lake Road |
|---|---|
| Area | 04041 - Northfield Twp |
| City | Northfield township |
| County | Washtenaw |
| State | Michigan |
| Zip Code | 48189 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Hot Water, Natural Gas, Radiant |
|---|---|
| Fireplace | No |
Exterior
| Construction | Other |
|---|---|
| Foundation | Slab |
School Information
| District | Whitmore Lake |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | NATOD Management |
|---|---|
| Contact Info | sales@natodmgt.com |