1298 E Highland Road

Highland, Michigan 48356

  • 5 Bed(s)
  • 8 Bath(s)
  • 2,863 Sqft
  • 3.68
    Acres(Lot)
$849,900

Description

Welcome to an incredible opportunity to acquire a cash-flowing, waterfront multi-family property on highland road in highland township. the property features 8 apartment units spread across 2 buildings. this well-maintained asset includes:
(5) 1-bedroom / 1 bath units,
(3) studio units.
each unit has its own private entrance and full bathroom, with recent upgrades including:
fresh interior and exterior paint, new flooring, newer roof (2021), new signage, new water filtration, new electrical service, and many additional updates included.
the on-site parking lot, individual electrical meters, and low utility costs make this property manageable. the property is 100% occupied, grossing each month, and includes several long-term tenants and leases extending until 2026. interior showings only after accepted offer.

  • Property Type

    Multifamily

  • County

    Oakland

  • Style

    Ranch

  • AD ID

    49702623

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Property Details

  • Bathroom Information

    • Total Baths: 8
    • Full Baths: 8

    Interior Features

    • Roof : Asphalt

    Heating & Cooling

    • Heating: ENERGY STAR® Qualified Furnace Equipment,Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1974
    • Building Stories: 2 Story
    • Total Units: 8
    • Roof: Asphalt
    • Foundation/Basement: Slab
    • Architecture: Ranch

    Exterior Features

    • Construction: Block,Vinyl,Wood

    Utility Features

    • Sewer: Septic Tank (Existing)

    Water

    • Well (Existing)

  • Lot Information

    • Lot Size: 3.68
    • Dimensions: Irregular

    Property Information

    • SQ ft: 2863
    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $849,900

    Listing Information

    • Possession: At Close
    • Legal Description: T3N, R7E, SEC 23 PART OF NW 1/4 OF SW 1/4 BEG AT PT DIST S 03-09-00 W 419.90 FT FROM NE COR THEREOF, TH S 03-09-00 W 918.50 FT, TH N 86-41-00 W 200.05 FT, TH N 03-09-00 E 730.05 FT, TH N 49-57-00 E 274.45 FT TO BEG EXC THAT PART BEG AT NE COR THEREOF, TH S 03-09-00 W 141 FT, TH N 35-00-00 W 44 FT, TH N 54-00-00 E 30 FT, TH N 35-00-00 W 63 FT, TH NELY 55 FT ALG SLY R/W LINE OF HWY TO BEG, ALSO BEG AT NW COR THEREOF, TH S 03-09-00 W 63.11 FT, TH S 80-00-00 W 60 FT, TH N 03-09-00 E 30 FT, TH NELY 77 FT ALG SLY R/W LINE OF HWY TO BEG 3.78 A

  • Tax Information

    • Annual Tax: $7,164
    • Parcel Number: H1123304002

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: T3N, R7E, SEC 23 PART OF NW 1/4 OF SW 1/4 BEG AT PT DIST S 03-09-00 W 419.90 FT FROM NE COR THEREOF, TH S 03-09-00 W 918.50 FT, TH N 86-41-00 W 200.05 FT, TH N 03-09-00 E 730.05 FT, TH N 49-57-00 E 274.45 FT TO BEG EXC THAT PART BEG AT NE COR THEREOF, TH S 03-09-00 W 141 FT, TH N 35-00-00 W 44 FT, TH N 54-00-00 E 30 FT, TH N 35-00-00 W 63 FT, TH NELY 55 FT ALG SLY R/W LINE OF HWY TO BEG, ALSO BEG AT NW COR THEREOF, TH S 03-09-00 W 63.11 FT, TH S 80-00-00 W 60 FT, TH N 03-09-00 E 30 FT, TH NELY 77 FT ALG SLY R/W LINE OF HWY TO BEG 3.78 A

  • Multi-Unit Information

    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 5

  • Utility Information

    • Water:Well (Existing)
    • Sewer:Septic Tank (Existing)
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BuyOwner last updated this listing 06/11/2025 @ 10:52

  • MLS: 625800190
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 5 bedrooms which is for sale, it has 2,863 sqft, 4 sized lot, and Paved parking. are nearby neighborhoods.