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1298 E Highland Road Map / directions

Milford, MI Learn More About Milford

48356 Market info

$525,000

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  • 8 Units
  • 8,675 SqFt
  • MLS# 20230010629
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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.
Amazing opportunity to purchase an income producing water front asset! 8 Apartment units are spread between 2 separate buildings. There are (5) 1 bed/1 bath units, plus (3) studio units that have all been recently upgraded with new paint, flooring, carpet, cabinets, appliances, and more. New roof in 2020, new well, and other recent major upgrades. Each unit has a full bathroom and private entrance. On site parking lot and individual electric meters allow for ease of management, plus recently upgraded and inspected private well and septic systems result in low utility costs. Value add opportunities exist with creating AirBnb STRs (highlighting the water front), on site laundry systems (room to install in maintenance areas), increasing to market rents (details in attached document, OM), and switching utilities into tenant's names. Currently, units are leased with several leases expiring in late 2023. Income projections are shown at full occupancy with market stabilized rents. Contact LA directly for offering memorandum showing detailed financials, property projections, and more. Buyer's agent to verify all information.

Property Information

Status
Sold 
Address
1298 E Highland Road 
City
Milford 
Zip
48356 
Year Built
1974 
Style
Contemporary, Craftsman, Farmhouse, Other, Quadruplex, Triplex, Upper/Lower Apartment 
Possession
At Close 
Architecture
2 Story 
Waterview
Y 
Waterfront
Y 
Waterfront Desc
Direct Water Frontage, Lake Frontage, Lake/River Priv., No Motor Lake, Pond, Water Front 
Waterfrontage
200.0 
Listing Date
02/15/2023 
County
Oakland 
Lower Finished Sq Ft
4,000 
Above Grade SqFt
4,675 
Body of Water
No Name 
Total No of Units
8 

School Information

School District
Huron Valley 

Taxes

Summer Taxes
$4,262 
Winter Taxes
$1,007 

Rooms and Land

Lot Dimensions
Irregular 
Total Acres
3.68 

Features

Style
Contemporary, Craftsman, Farmhouse, Other, Quadruplex, Triplex, Upper/Lower Apartment 
Exterior Features
Lighting 
Basement
Common, Finished, Walkout Access 
Cooling
Separate Meter, Window Unit(s) 
Heating
Forced Air, Natural Gas, Separate Meters 

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years
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annual
  • Property History
  • Schools Information
  • Local Business
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20230010629 Sold Contingency Sep 1 2023 12:37PM $525,000 148
20230010629 Contingency Active Jul 24 2023 10:06AM 148
20230010629 Active Contingency Jul 11 2023 10:36AM $550,000 $595,000 148
20230010629 Contingency Active Jun 30 2023 10:06AM 148
20230010629 Jun 2 2023 9:05AM $595,000 $625,000 148
20230010629 May 17 2023 5:08PM $625,000 $650,000 148
20230010629 Apr 28 2023 10:09AM $650,000 $675,000 148
20230010629 Active Feb 15 2023 1:08PM $675,000 148
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MIRC Logo

Listing Courtesy of Casablanca Real Estate Company, Llc
(734) 222-1010
Office Address 4997 Ann Arbor Saline Rd

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Listings last updated: . Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available.

Our Michigan real estate agents can answer all of your questions about 1298 E Highland Road, Milford MI 48356. Real Estate One, Max Broock Realtors, and J&J Realtors are part of the Real Estate One Family of Companies and dominate the Milford, Michigan real estate market. To sell or buy a home in Milford, Michigan, contact our real estate agents as we know the Milford, Michigan real estate market better than anyone with over 100 years of experience in Milford, Michigan real estate for sale.

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1298 E Highland Road Milford
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$550,000
Sold • No. of Units: 8