5692 N US HIGHWAY 31 # LEVERING
LEVERING, MI 49755

$495,000

0 Beds

0 Baths

4,760 Sq Ft

Status Active

MLS# 468576

Terms Available! LOCATION NOT TO MISS~The Levering Motel features 13 total rentals, with 11 studio rooms, 1 larger corner unit, attached house/office unit, Paved open parking court, maintenance shed and on site coin-op laundry. 9.6% Cap Rate. Excellent rental history with high year round occupancy. Keep the building as individual rental units or convert back to motel for seasonal tourist income. B-2 zoning offers amazing potential opportunities for this 1 acre parcel. This high visibility location is just minutes to Pellston Airport, Mackinaw City, Casinos, Lakes and Parks. Step right in to this turnkey rental business and level up!

Details for 5692 N US HIGHWAY 31 # LEVERING

$104 / Sq Ft

0 parking spaces

Natural Gas, Electric Baseboard

736 Days on website

Interior

Living Area

4,760 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Window Features

Insulated

Year Built

1971

Utilities

Heating

Natural Gas, Electric Baseboard

Area And Schools

City

Levering

County Or Parish

Emmet

Financial Info

Tax Annual Amount

$4,100