548 Shattuck RD, Carrollton Twp, MI 48604
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548 Shattuck RD, Carrollton Twp, MI 48604
548 Shattuck RD, Carrollton Twp, MI 48604
548 Shattuck RD, Carrollton Twp, MI 48604
548 Shattuck RD, Carrollton Twp, MI 48604
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Mike Layne

Mike Layne

+1(248) 298-6825
$ 799,900
Est. payment /mo
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Active

548 Shattuck RD Carrollton Twp, MI 48604

15 Beds

16 Baths

11,840 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 11,840 sqft

Price per Sqft $67

Subdivision Ely Para

MLS Listing ID 61050134192

Bedrooms 15

Full Baths 8

Half Baths 8

Year Built 1972

Lot Size 1.470 Acres

Acres 1.47

Property Sub-Type MultiFamily

Property 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, real estate office, law office, accounting office, professional office, coworking space, daycare center, tutoring center, fitness studio, gym, yoga studio, martial arts, ETC. Additional Income Coin-operated washer & dryer generating approximately $200/month ($2,400/year). Upside Potential: Lease commercial space, increase warehouse rents, unit conversions. $40K+ additional income potential. High cash-flow asset with immediate income and strong upside. Priced for fast sale.

Location

State MI

County Saginaw

Area Area73081Carrolltontwp

Interior

Heating Forced Air, Natural Gas, Separate Meters

Fireplace No

Exterior

Parking Features SixorMoreCarGarage, Detached

Garage Spaces 10.0

View Y/N No

Building

Foundation Basement

Sewer Shared Septic

Water Public

New Construction No

Schools

School District Carrollton

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition CorporateRelocation, ShortSaleNo

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Paul Burback of The Miller Group
Mike Layne

Mike Layne

Agent | License ID: 427271

+1(248) 298-6825

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548 Shattuck RD