Leoni Twp, MI 49201,7657 ANN ARBOR Road

$570,000

Est. payment /mo

$630,000

9.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

7657 ANN ARBOR Road Leoni Twp, MI 49201

19 Beds

2,616 SqFt

SOLD DATE : 06/24/2021

Key Details

Sold Price $570,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,616 sqft

Price per Sqft $217

MLS Listing ID 2210016792

Sold Date 06/24/21

Bedrooms 19

Originating Board Realcomp II Ltd

Year Built 1945

Annual Tax Amount $6,380

Lot Size 2.510 Acres

Acres 2.51

Lot Dimensions 200x482x612x240

Property Description

19 units "Joy Motel" includes a 2600 sq ft owner's house, 2 huge garages/barns, 6 buildings all together. All is on 2.51 acres of land with a country-like setting. It is a profitable business with a very long weekly rentals history. Weekly rentals create stable and predictable income. Recent major improvements include new roofs (all new framing and covering) on motel buildings and the house, all 19 motel rooms completely renovated with all new walls, floors, electrical, plumbing, water heaters, bathrooms, furnaces, etc. It took 2 years and hundreds of thousands of dollars to complete the renovation.

Location

State MI

County Jackson

Area Leoni Twp

Zoning Commercial

Direction I-94 West, Exit #147 Race Rd, left on Race Rd, right on Ann Arbor Rd

Interior

Hot Water Natural Gas

Heating Baseboard, Forced Air, Window/Wall Unit

Heat Source Natural Gas

Exterior

Exterior Feature Private Entry

Roof Type Asphalt

Road Frontage Paved

Building

Foundation Crawl, Basement

Sewer Septic Tank (Existing)

Water Well (Existing)

Level or Stories 1 Story

Structure Type Aluminum,Wood

Schools

School District East Jackson

Others

Tax ID 000092340200600

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2015

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Realcomp MLS
Listed by Mark Tlok of Hartford Real Estate of Michigan
Bought with Hartford Real Estate of Michigan

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.