524, Hickory, Milford, MI, 48381
- 1 bath
Basics
- Date added: Added 3 hours ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 1
- Lot size: 0.2 sq ft
- Year built: 1866
- Subdivision Name: Phelps Add
- Bathrooms Full: 1
- Lot Size Acres: 0.2 acres
- Business Type: Other
- County: Oakland
- MLS ID: 26008807
Description
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Description:
Architectural history meets modern luxury in this RARE, income-producing opportunity! This VERY PROFITABLE, FULLY FURNISHED historic home is a proven turnkey AirBnB with positive cash flow, generating over $75,000 in 24 & 25 (proof available). Original decorative filigree and an ornate antique fireplace mantel highlight its timeless character, while a full renovation and professional decor deliver modern comfort. Located in the heart of Milford's Historic District, just steps from downtown shops and restaurants. The updated kitchen features expansive counters, ample cabinetry, and stainless appliances. Entertain effortlessly with a custom liquor cabinet, kegerator, wet bar, and a huge backyard with bocce court and large deck. Spacious bedrooms, oversized shower, and extensive updates throughout. Easy to purchase using a DSCR loan--qualify based on rental income, not your W-2 or tax returns! Whether an investor or owner-occupant, this is a high-performing asset and unforgettable home!
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Location
- Directions: E of Main Street - N off Commerce onto Hickory. House will be on the right.
Building Details
- Building Area Total: 1464 sq ft
- Number Of Units Total: 1
- Construction Materials: Vinyl Siding
- Heating: Forced Air
- StoriesTotal: 1464
- Foundation Details: Stone, Combination
- Number Of Buildings: 1
Video
- Virtual Tour URL Unbranded: https://tours.cozycornermedia.com/idx/310903
Amenities & Features
- Inclusions: Real Estate, Inventory, Furniture
- Utilities: Natural Gas Connected, Cable Connected
- Cooling: Central Air
Fees & Taxes
- Tax Assessed Value: $135,160
- Tax Year: 2025
- Tax Annual Amount: $7,813
- Insurance Expense: $75,000
School Information
- High School District: Huron Valley
- HighSchool: Milford High School
- Middle Or Junior School: Muir Middle School
- Elementary School: Kurtz Elementary School
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: E of Main N of Commerce
- Listing Terms: Conventional, Cash