$259,999
bedrooms
0
bathrooms
0
square feet
1,520
Acreage
0.27
Open Houses
-
year built
1905
Full Baths
0
Half Baths
0
*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.
Location | |
Subdivision | - |
County | Macomb |
Elementary School | - |
Middle School | - |
High School | - |
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 50158637
Listing agent:
Joan Schinderle-King
#6501292224
Listing broker:
Realty Executives Home Towne
(810) 300-1650
Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Tuesday, January 14 2025 at 11:31 p.m. EST
Kotohomes National
Other listings you might be interested in
$249,000
0 Bed •
0 Bath •
1,732 ft²
36760 Green
New Baltimore, MI 48047
$295,000
0 Bed •
0 Bath •
2,050 ft²
68385 Main
Richmond, MI 48062
$295,000
0 Bed •
0 Bath •
2,600 ft²
10973 Gratiot
Casco, MI 48064
$295,000
0 Bed •
0 Bath •
1,950 ft²
2403 Griswold
Port Huron, MI 48060
$269,999
0 Bed •
0 Bath •
4,144 ft²
68074 S Main
Richmond, MI 48062
$449,900
0 Bed •
0 Bath •
1,354 ft²
2396 WADHAMS Road
Kimball, MI 48074
$329,900
0 Bed •
0 Bath •
2,784 ft²
7255 Wildcat
Grant, MI 48032
$440,000
0 Bed •
0 Bath •
3,048 ft²
47520 Jefferson
Chesterfield, MI 48047
$384,900
0 Bed •
0 Bath •
2,600 ft²
15886 SPEAKER Road
Yale, MI 48444
$425,000
0 Bed •
0 Bath •
3,752 ft²
21710 29 Mile
Ray, MI 48096
$449,000
0 Bed •
0 Bath •
2,100 ft²
3597 Milwaukee Road
Lakeport, MI 48059
$595,000
0 Bed •
0 Bath •
4,380 ft²
57400 GRATIOT Avenue
New Haven, MI 48048