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$850,000
37 Days Online

13990 E Chicago Road
Cement City, MI49233

For Sale|Multi-Family|Active
County:
Hillsdale
Listing courtesy of CURTIS G WATSON of BNR Real Estate Group

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248-790-5594
13990 E Chicago Road13990 E Chicago Road13990 E Chicago Road13990 E Chicago Road
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Discover Motel Somerset on bustling US12, set on 5 acres. This property features 3 buildings with 14 motel rooms and a versatile apartment for a 15th room or Air BnB. Recent renovations and a new business model boosted average daily rates by 20% in May and 34% in June. The ranch home offers 2 beds, 1 bath, and an attached garage- perfect for a long term tenant/ STR or an owner-operator. Located a stone's throw from Lake Somerset, three other lakes within 2 miles (as well as the other 52 Lakes in the Irish Hills area), hotspot for visitors attending events at the Michigan International Speedway, Faster Horses Festival, various wedding and event venues, wineries, a charming cider mill, local parks, and renowned hunting spots. Ideal for investors seeking growth in a prime recreational area. This property is managed using 'Stayntouch' software (PMS) that allows for operation from anywhere. New 'Dormakaba' locks for all units have network connection to allow for automated check in, keypad access through integration with Stayntouch. Booking, check-in and check out can all be done electronically with a smartphone.

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Listing Snapshot
Price 
$850,000
Days Online 
37 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
5 Acres
Year Built 
1950
MLS® Number 
24030730
Status 
Active
Property Tax 
$2,595
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Construction 
Aluminum Siding
Parking 
AsphaltDrivewayPaved
Parking Spaces 
40
Basement 
Crawl SpaceFull
Acreage 
5
Cross Street 
W of US127/ E of S Jackson Rd
Property Sub Type 
Multi Family
Attached Garage 
No
Utilities 
Phone ConnectedNatural Gas ConnectedElectricity ConnectedCable Connected
Interior Features
Cooling 
Window Unit(s)Wall Unit(s)
Heating 
Heat PumpForced AirElectricNatural Gas
Fireplaces 
3
Laundry Features 
Other
Fireplace 
Yes
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Exterior Features
Roof 
OtherComposition
Waterfront Property 
No
Community Features
Township 
Somerset Twp
MLS Area 
Hillsdale County - X
Schools
School District
Addison
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of CURTIS G WATSON of BNR Real Estate Group



Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, MichRIC MLS.
Data last updated at: 2024-07-25 09:50 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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