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About This Home
This 5-bedroom, 0-bathroom residential multi family at 7038 Whitmore Lake Road in Whitmore Lake, MI is listed for $389,900. Built in 1960, on a 1.08 acres lot.
Fully occupied triplex on approximately 1.08 acres with General Commercial zoning, offering immediate income and future upside. The property generates $3,600 per month ($43,200 annually) in gross rental income and is occupied by long-term tenants who would like to remain, providing day-one cash flow.
GC zoning offers future potential for redevelopment, expansion, owner-user occupancy, mixed-use concepts, or other commercial uses, subject to Township approval. Located on Whitmore Lake Road with strong visibility, convenient access, and close proximity to US-23, the property combines current income with long-term value potential.
An excellent opportunity for investors seeking a stabilized asset with commercial zoning in a growing corridor. Collect income today while exploring future possibilities. Please do not disturb tenants. Showings by appointment only.
Key Features
- Built in 1960
- 1.08 acre lot
- 3 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,085/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7038 Whitmore Lake Road
Whitmore Lake, MI 48189
Property Details
Parking
Heating
Cooling
Questions & Answers
This 5-bedroom, 0-bathroom residential multi family at 7038 Whitmore Lake Road is listed at $389,900. The estimated monthly payment is $1,690 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 1.08 acre lot, 3 parking spaces.
This property is listed by Abby Chase and can be reached at 7347076375 or abby.chase@gobeal.com.