7550 S Van Dyke Road

    Burnside Twp, MI 48453
    • $259,900
    • STATUS: Active
    • ON SITE: 41 days
    • ID#: 218085832
    UPDATED: 21 min ago
    $259,900
    • 0
      BEDS
    • 2.99
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,500
      SQFT
    • $74
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1957
    County:
    Area:
    Zoning: Commercial
    Lot Size Dimensions: 348X316

    School Ratings & Info

    School District:

    Description

    12 unit Motor Lodge with 70% occupy. Set up with 8 Studio / 5 One Bedroom with office and laundry area.Remodeled in 2013 with newer heating system, hot water tank new exterior doors and over-sized septic system. All units have refrigerator and microwave and larger units have full kitchens. Water tested annually and wifi and cable is available.DO NOT APPROACH THE OCCUPANTS!!

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-10-15T23:56:31.447.
    www.detroitmetrorealestate.com/homes/87160212

    7550 S Van Dyke Road Burnside Twp, MI 48453

    • Price: $259,900
    • Status: Active
    • Updated: 21 min ago
    • ID#: 218085832
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.99
    Acres
    3,500
    SQFT
    $74
    $/SQFT
    1957
    Built
    Neighborhood:
    Burnside Twp
    County:
    Lapeer
    Area:
    Burnside Twp
    School District:
    MARLETTE
    Property Description
    12 unit Motor Lodge with 70% occupy. Set up with 8 Studio / 5 One Bedroom with office and laundry area.Remodeled in 2013 with newer heating system, hot water tank new exterior doors and over-sized septic system. All units have refrigerator and microwave and larger units have full kitchens. Water tested annually and wifi and cable is available.DO NOT APPROACH THE OCCUPANTS!!
    Exterior Features

    Architecture Level 1 Story Construction Materials Block/Concrete/MasonryBrick Exterior Features GazeboPrivate Entry Foundation Details Slab Foundation Materials Poured Lot Size Dimensions 348X316 Road Frontage Feet 316 Road Frontage Type Class A Roof Material Asphalt Waterfront YN No

    Interior Features

    Commercial Utilities 3 Phase Power220V Available440V AvailableCable Tv Heating Cooling Baseboard Heating Fuel Natural Gas Office Heating Cooling Baseboard Plant Heating Cooling Window/Wall Unit Room Count 0 Sq Ft Main 3500 Sq Ft Office 300 Sq Ft Source Prd Unit Efficiency Number Of 8 Unit One Bed Number Of 5 Water Heater Fuel Natural Gas

    Property Features

    Assessment 14 Business Type AgriculturalRecreationalResidentialRetail Commercial Type Business And Real Estate Current Use Motel Apartments Deposit Amount 100000.00 Encroachment YN No Exclusions YN No Gross Scheduled Income 45000.00 Inventory List YN No Land Contract YN Yes Land Interest Rate 5 Land Payment 2000 Land Terms 60 Legal Rental Certified YN Yes Listing Financing CashLand Contract Monthly Sales 6500 Net Operating Income 35000.00 Operating Expense 79200.00 Ownership Status Private OwnedShort Sale - No Percent Leased 75 Possession At Closing Postal City Marlette Protection Period 180 Restrictions YN No Settlement Township Sewer Septic-Existing Short Sale No Tax Amount Summer 587.0000 Tax Amount Winter 1625.0000 Title Private - Owned Total Tax 2212.0000 Unparsed Address 7550 S VAN DYKE RD Water Source Well-Existing Year Remodeled 2013 Zone Conform YN Yes Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Wilhelm & Assoc Inc, Realtorã‚® and Realcomp, ©2016 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-10-15T23:56:31.447.
     
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