
Description
Great Investment opportunity in Moraine! Cashflow rental! Currently a 2 Bedroom ($850/month) and a Studio apartment ($550/month) and a 2 car garage ($80/month) , all rented to long term tenants! Also attached is a vacant Salon (Additional rental income potential!!). The Highest and Best use would be to convert the salon space to a 1 Bedroom apartment and potentially combine the 2 Bedroom & Studio to a 3 Bedroom 2 bath. Total Monthly income currently $1,480 (without salon rented). Newer roof, off street parking, close to I-75, I-675, shopping, dining and more! Great area for a rental property!!
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3BEDS
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0.19ACRES
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2BATHS
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11/2 BATHS
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1,888SQFT
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$69$/SQFT
Description
Great Investment opportunity in Moraine! Cashflow rental! Currently a 2 Bedroom ($850/month) and a Studio apartment ($550/month) and a 2 car garage ($80/month) , all rented to long term tenants! Also attached is a vacant Salon (Additional rental income potential!!). The Highest and Best use would be to convert the salon space to a 1 Bedroom apartment and potentially combine the 2 Bedroom & Studio to a 3 Bedroom 2 bath. Total Monthly income currently $1,480 (without salon rented). Newer roof, off street parking, close to I-75, I-675, shopping, dining and more! Great area for a rental property!!
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