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$499,900
Est. payment /mo
7 Beds
4 Baths
2,255 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,255 sqft
Price per Sqft $221
MLS Listing ID 70490379
Style 1 Story
Bedrooms 7
Full Baths 4
Abv Grd Liv Area 2,255
Year Built 1998
Annual Tax Amount $5,662
Tax Year 2025
Lot Size 2.300 Acres
Acres 2.3
Lot Dimensions 147x419x208x339
Property Sub-Type Single Family
Property Description
Rare investment opportunity in Marengo Township! This fully licensed 6-bed senior care home features private resident rooms, a spacious main-level layout, and a separate basement apartment currently used for staff housing. The home is leased by an established tenant/operator who has run her care business from the property for over 6 years and wishes to stay. Currently generating $4000/month in gross rental income, this property delivers passive cash flow from day one. State inspections are performed annually, covering systems like the septic, water heater, and furnace, offering peace of mind to the next owner. The home is in excellent condition and operates under strict state compliance, but you're not buying a business, just a unique property with stable income and low overhead. Ideal for investors, care operators, or buyers looking to break into the senior housing market with minimal friction. Just Minutes from I-94 and downtown Marshall. Call or Text for Questions: 269-274-3203
Location
State MI
County Calhoun
Area Marengo Twp (13015)
Interior
Heating Forced Air
Appliance Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
Exterior
Garage No
Building
Story 1 Story
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Marshall Public Schools
Others
SqFt Source Public Records
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Berkshire Hathaway HomeServices Michigan Real Estate
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