Peck, MI, 48466
- 3 baths
Basics
- Date added: Added 5 hours ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 3
- Lot size: 0.1 sq ft
- Year built: 1890
- Bathrooms Full: 3
- Lot Size Acres: 0.1 acres
- Business Name: CC's Villa
- Business Type: Other
- County: Sanilac
- MLS ID: 25006945
Description
-
Description:
Turnkey investment opportunity! This 6-bed AFC home is an EXCELLENT MONEY MAKER & CASH COW with immediate cash flow and a strong revenue return. Home was remodeled 2018, with 60% of the home renovated. The exterior is ready for improvements—siding, windows, fascia, soffit, and gutters—but with the strong income stream, these updates can be easily tackled within the first year while still yielding a hefty profit. Major components are in great shape—the roof, mechanicals, and central air are all solid, and the Generac generator (installed in 2019) provides backup power. Large deck installed 2022. Can cut costs by adding a bathroom & kitchenette in the upper level apartment. Don't miss this chance to own a highly profitable AFC business & real estate!
Show all description
Location
- Directions: Peck Road to M-19 intersection, turn south on Mill Street, turn west on 1st street (Lorraine), CC's Villa located on south side of street, formerly the Peck Assembly of God church.
Building Details
- Building Area Total: 3200 sq ft
- Number Of Units Total: 1
- Construction Materials: Aluminum Siding
- Heating: Forced Air
- StoriesTotal: 2
- Building Features: Bath Common Area, Multi User Facility
- Foundation Details: Slab
- Number Of Buildings: 1
Amenities & Features
- Parking Total: 6
- Inclusions: Other, Real Estate, Inventory, Furniture, Equipment
- Utilities: Phone Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
- Interior Features: Broadband
- Cooling: Central Air
Fees & Taxes
- Tax Assessed Value: $19,889
- Tax Year: 2024
- Tax Annual Amount: $1,411
- Gross Income: $214,833
- Maintenance Expense: $420
- Insurance Expense: $6,258
- Operating Expense: $174,935
School Information
- High School District: Peck
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Mill and Lorraine
- Listing Terms: Conventional, Tax Def Exchange, Cash