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146 W Main Street, Morenci, MI 49256

$2,750,000
  • 146 W Main Street, Morenci, MI 49256 Main Photo

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Active Under Contract
MLS#291082
STATUSActive Under Contract PROPERTY TYPECommercial - Retail

Property Description

PROPERTY PACKAGE DEAL - 43 Single-Family Rentals + 1 Commercial Multifamily; $2,750,000 TOTAL Presenting a rare portfolio package featuring 43 income-producing residential single-family homes plus 1 commercial multifamily property concentrated in southern Michigan. All for just $2,750,000 with a 9.79% cap rate with lots of room for growth. Whether youre looking to rapidly scale your portfolio or make a strategic entrance into real estate investing, this high cash-flow opportunity is priced to move! Whats Included: 43 Single-Family Homes - spread across Hillsdale & Lenawee County specifically within/surrounding the cities of Hudson, Morenci & Waldron Michigan, Mixture of 2-5 bedroom units, Occupancy rates above 90%, most with long-term tenants in place. 1 Commercial Multifamily Property 2 Unit downtown commercial retail space with an apartment on the second floor. Mixed-use zoning potential, stable tenants and consistent rental history, located in a high-traffic, high-demand area. Why This Package? Immediate income from day one, diversified portfolio with risk spread across multiple units, professional management & employees already in place (optional to retain), potential to flip, hold, or syndicate Location Highlights: All properties within close proximity for easy management, located in growing rental markets with strong tenant demand, access to major highways, schools, shopping, and job centers. Full Package & Offering Memorandum Available Upon Request: Full rent roll & financial breakdown, property addresses, lease terms, photos and videos of units. Ready to Make a Power Play? Dont miss this one-of-a-kind bulk investment opportunity. Deals like this dont hit the market often if ever, especially at less than $65K per door! Contact today to schedule a portfolio walkthrough or request the financial package.

146 W Main Street | MLS# 291082

This commercial property located at 146 W Main Street, Morenci, MI 49256 is currently listed for sale with an asking price of $2,750,000. Search Morenci real estate on www.teamchildersrealty.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Other
Heating: Forced Air, See Remarks
Lot Size: 0.04 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $1,468
Year Built: 1900

Feature Descriptions

Business Type: Residential, Retail
Days on Site: 175
Exterior: Brick
Laundry: Upper Level
Lot Dimensions: undefinedxundefined
Parcel #: 46-xm0-000-0122-00
Parking: See Remarks
Sewer: Public Sewer
SQFT Total: 900
Units: 46
Water: Public

Listed By / Shown By

Listed By

Agency Name: EXIT Realty Home Partners

Shown By

Agent Name: Julie Childers
Agent Phone: Cell: (517) 673-1829
Agency Title: Key Realty

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