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$799,900
15 Beds
16 Baths8 full baths + 8 half baths
11,840sqft
548 Shattuck Rd, Carrollton, MI 48604
$799,900
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Multi Family
Built in 1972
$-- HOA
1.47 acres lot
$68/sq.ft
Description
Fully stabilized mixed-use investment offering strong in-place cash flow, zero vacancy risk in core components, and immediate upside through commercial lease-up. NOI: $115,860 Gross Income: $154,560 Expenses: $38,700 Cap Rate: ~14.5% Residential 8 Units – 100% occupied with stable income. Warehouse 8,000 SF – 100% occupied. Below-market rents. Commercial Space 3,000+ SF vacant. Value-add lease-up opportunity. Permitted Uses: Retail store, convenience store, grocery store, restaurant, café, coffee shop, bakery, barbershop, hair salon, nail salon, spa, massage therapy, medical office, dental office, chiropractic clinic, physical therapy clinic, pharmacy, insurance office,...
Continue Reading- Houzeo last checked: 24 Minutes ago
- Listing updated: May 5, 2026 at 7:41 pm
- Listing Provided by: Paul Burback (989) 751-7288 DRE #6506048895 | The Miller Group (989) 790-0767
- Source: MiRealSource MLS-MI | MLS#: 50134192
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1972
HOA Fees
-
Finished Area
11,840 sqft
Lot Size
1.47 acres lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
50134192
MLS Status
Active
Days on Market
843
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
