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7550 S VAN DYKE Road $239,000

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7550 S VAN DYKE Road Marlette, MI 48453

  • 3,500 sq.ft.
  • 2.99 Acres
  • Commercial
MLS# 218085832 | Active
Days On Market: 412 15 Views
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Property Details

12 unit Motor Lodge with 100% 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, new metal roof 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!!

  • General Features
    • County Or Parish Lapeer
    • Settlement Township
    • Commercial Type Business And Real Estate
    • Business Type Agricultural, Recreational, Residential, Retail
    • Current Use Motel Apartments
    • Lot Size Area 2.99
    • Zoning Commercial
    • Ownership Status Private Owned, Short Sale - No
    • Originating MLS Realcomp II Ltd
    • Year Built 1957
    • Year Remodeled 2013
    • Sqft Total 3,500
    • Number Of Units Total 12
    • Operating Expense $19,200
    • Net Operating Expense $45,000
    • Gross Scheduled Income $78,000
    • Tax Amount - Summer 587.0000
    • Tax Amount - Winter 1625.0000
  • Building Features
    • Foundation Details Slab
    • Construction Materials Block/Concrete/Masonry, Brick
    • Sqft Office 300
    • Office Heating Baseboard
    • Plant Heating Window/Wall Unit
    • Unit One Bed Number Of 5
  • Property Features
    • Commercial Utilities 3 Phase Power, 220V Available, 440V Available, Cable TV
    • Frontage Feet 316
    • Lot Size Dimensions 348x316
    • Water Source Well-Existing
    • Sewer Septic-Existing
  • Schools
    • School District Marlette

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Neighborhood

48453 (Marlette) Demographics

38Median Age
47Population Density (per sq. mile)
22%College Educated
$40,000 Estimated Median Income
1,380Estimated Total Home Owners
466Estimated Total Renters
75% / 25%Estimated Owner / Renter Divide
3Estimated Average Household Size
5,021Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$209,500 Median Sales Price
2 Homes Sold
5 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $239,000
      8/2/2019 1:42:36 PM Price Increased Source New Value: $239,000 22.56%
      9/4/2018 12:43:00 PM New in Database Source New Value: $195,000

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      Listing information is provided through IDX through RealComp II Ltd. All information is deemed reliable but is not guaranteed. IDX information is provided exclusively for 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. Copyright 2019 Realcomp II Ltd. Shareholders.