7038 Whitmore Lake Road
Whitmore Lake, MI 48189

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Description

Tri-plex located just north of the intersection at Whitmore Lake and N Territorial, only seconds from the freeway. All three ranch-style units are fully occupied with month-to-month leases, offering stable current income and flexibility for future plans. Commercial zoning allows for a wide range of development opportunities. Recent updates include a new roof, new boiler, new vinyl plank flooring, and a new water softener. This property sits in a desirable area with excellent accessibility, making it ideal for investors or developers. Strong income-producing asset with unlimited potential for redevelopment, expansion, or continued rental use.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active Contingent
• County/Area: Washtenaw County
• Zip Code: 48189
• Year Built: 1960
• School District: Whitmore Lake
• Units: 3 units
• Basement: Slab
• # of Parking Spaces: 3
• Lot Size: 1.08 acres
• Basement Type: No
• Cooling: Wall Unit(s)
• Cross Street: N Territorial and Whitmore Lak
• Directions: Corner of N Territorial and Whitmore Lake Rd.
• Extras: Carports
• Heat Type: Forced Air, Hot Water
• Heating: Forced Air, Hot Water
• Lot Size Area: 1.08
• Lot Size Square Feet: 47045
• Lot Size Units: Acres
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 3
• Owner Pays: Sewer, Water
• Ownership: Private Owned
• Parcel Number: B-02-19-100-009
• Possession: Close Of Escrow, Negotiable
• Road Frontage: 234
• Road Surface Type: Paved
• Roof: Metal
• SEV: 127500
• Sewer: Septic Tank
• Street Type: Paved, Public
• Tax Annual Amount: 4905
• Tax Legal Description: *OLD SID - B 02-019-008-10 NO 19-3C-2 COM AT E 1/4 COR, TH NLY 266.49 FT ON E LN OF SEC TO POB, TH DEFL 90 DEG 10' LFT 185.84 FT, TH DEFL 49 DEG 59' RT 234.7 FT ON E LN WHITMORE LAKE RD, TH DEFL 129 DEG 57' 30'' RT 337.2 FT, TH DEFL 90 DEG 13' 40'' RT 1 80 FT ON E LN OF SEC TO POB, PART NE 1/4 SEC 19 T1S R6E 1.08 AC.
• Tax Year: 2025
• Tenant Pays: Electricity, Gas, Trash Collection
• Terms Available: Cash, Conventional
• Total Approx Sq Ft All Bldgs: 2916
• Township: Northfield Twp
• Utilities: Cable Connected, Phone Connected, Electricity Connected
• Water Source: Well
• Zoning Description: GC