New Listing222 Court Street,Mount Clemens, MI 48043
Mount Clemens, MI 48043
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!
Details
| MLS # | 61043780 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 3 |
| Listing Provided By | EXP Realty Main | Tamara Flannigan-Nunally |
Features
| SQ Feet | 1,200 |
|---|---|
| Basement | Y |
| Zoning | Residential |
| Acreage | 0.12 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Forced Air |
Exterior
| Construction Materials | Brick, Wood Siding |
|---|---|
| Foundation Details | Basement |
Other
| List Aor | Real Comp |
|---|
Taxes
| Property | 5010 |
|---|
Area Information
| State | MI |
|---|---|
| County | Macomb |
| City | Mount Clemens |
| Zip Code | 48043 |
| Area | Mt Clemens (50013) |
| Community Name | Mullett Surv Pic Deeds |
| Listing VS Median (in Mullett Surv Pic Deeds) | |
Price: $275,000 low | high Med: $160,000 sqft: 1,200 low | high Med: 4,000 $ / sqft: $229 low | high Med: $40 On site: 3 low | high Med: 31 | |
Market Activity 48043
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Learn More About This Property
| State | MI |
|---|---|
| County | Macomb |
| City | Mount Clemens |
| Zip Code | 48043 |
| Area | Mt Clemens (50013) |
| Community Name | Mullett Surv Pic Deeds |
| Listing VS Median (in Mullett Surv Pic Deeds) | |
Price: $275,000 low | high Med: $160,000 sqft: 1,200 low | high Med: 4,000 $ / sqft: $229 low | high Med: $40 On site: 3 low | high Med: 31 | |
