222 Court Street, Mount Clemens, MI 48043 5811

$275,000
1,200
SqFt

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List Price
$275,000
Status
ACTIVE
MLS#
61043780
Days on Market
1
Acres
0.12
Living Area
1,200
Municipality
Mt Clemens
Region
Mt Clemens
Township
Mt Clemens
Subdivision
Mullett Surv Pic Deeds

Property Description

Turnkey Shared Living Investment: Fully Furnished 5-Bedroom Ranch, Cash Flowing from Day One! This beautifully renovated (2025) ranch is set up as a shared living home and already producing income. It offers 4 private bedrooms, each furnished with a full-size bed and TV, plus 1 shared bedroom with two twin beds. Current residents pay $4,100 per month combined, and one private room is available at $950 per month, bringing potential income to $5,050 per month. Current residents are on month-to-month leases, pay reliably, and would like to stay. If a buyer prefers the property vacant, the seller has alternative housing arranged for them, so the home can be delivered with or without tenants. The main level has a comfortable living room with a computer station, a dining area, and bedrooms with easy single-floor living. The lower level adds a fun game room with a Pac-Man arcade game, foosball table, and furnishings, plus 2 bedrooms with an egress window and a full bathroom. Additional features include central air, Wi-Fi smart door locks, and a carport. The ranch layout and main-floor living make this a strong candidate for conversion to a licensed group home or assisted living use. Turnkey package: $275,000. All furniture, dining furniture, TVs, appliances (including 2 refrigerators), and game room items stay with the home. Real estate only: $250,000. LAND CONTRACT AVAILABLE: $50,000 down, 8% interest, $2,100/month, buyer pays taxes & insurance, 3-year balloon. Minutes from downtown Mount Clemens and I-94. Whether you're an investor looking for immediate cash flow or an operator ready to grow, this one is ready to go. Schedule your showing today!

Additional Information

Lot Dimensions
60 x 90
Heating
Forced Air
Foundation
Basement
Water
Public

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Listing Courtesy of EXP Realty Main, Office Phone: 888-501-7085

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.