Courtesy of: Real Estate Solutions/MI, LLC-Temperance
Address: 8354 Lewis Avenue
There are 2 homes rented on a monthly basis and a 4 unit motel with rooms rented on a weekly basis, on a 1.3 acre lot with room to add additional units if approved by the township. The annualized income from all 6 units at the current rental rates is $42,320. The buyer could live in the large single family home with 4 bedrooms, and rent the other 5 units, using the rental income to pay all bills including the mortgage payments, insurance and property taxes.
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