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9429 Main St
Whitmore Lake, MI 48189
Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.54 AC |
| Property Type | Multifamily | Building Size | 3,082 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1850/2019 |
| Building Class | C | Parking Ratio | 4.54/1,000 SF |
| Zoning | WLDDA | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 3,082 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1850/2019 |
| Parking Ratio | 4.54/1,000 SF |
| Zoning | WLDDA |
AMENITIES
UNIT AMENITIES
- Porch
SITE AMENITIES
- Lake Access
ABOUT 9429 MAIN ST , WHITMORE LAKE, MI 48189
5 Unit Income Property. Historic Multi-Family property located in downtown Whitmore Lake. Built in 1850, this 2 story home was converted into a 5 unit income property with 2 - One Bedroom Units, 2 - Two Bedroom Units and a large studio/efficiency unit. Huge (15' x 40') covered front porch offers tenants a relaxing view of the lake. Across the street, property has 10' deeded access to lake (separate tax ID#). For extra income there is a traditional 484 SF 2 car detached garage and a newer 1344 SF 4 car detached garage with 9' doors which are rented to outside tenants for storage. Each unit has its own heat/gas and electric meter. Property is zoned WLD-D (Whitmore Lake Downtown Development) so could be commercial as well. Property is vacant and needs to be completed. It is a conforming 5 unit multifamily. However with the zoning, the municipality would allow someone to have retail on the first floor and apartments upstairs. Ideal location for a recreational or medical marijuana dispensary! Land Contract Terms Available for 20% down!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 2 | - | - |
| 2+1 | 2 | - | - |
