Remarks

*For Sale: Income-Producing 3-Bedroom Rental Home – $259,999** More than one excellent investment opportunity awaits with this income-producing rental home located next to Dairy Queen in downtown Richmond. This 3-bedroom, 1-bathroom property was formerly a successful live/work space for a massage therapy provider that served the community for nearly 20 years. The current tenants wish to remain, offering immediate rental income potential, or you can reclaim the property and transform it into your own live/work space. With endless potential and flexibility, this property is also available as part of a redevelopment package with two neighboring businesses, offering a total of 183’ of prime Main Street frontage that capture l 25,000 daily passing vehicles (DPD), this location is ideal for future growth and business opportunities as a mixed-use property. Ask about State of Michigan grants for development of housing in growing rural development zones. Don’t miss this rare opportunity to invest in both residential and commercial potential! Offered at just $259,999.

Details

MLS#: 50158637
Price: $259,999

Style: Business
Sq Ft: 1520
Year Built: 1905

County: Macomb
Lot Size: 78x155