Prime Investment Opportunity: Historic Inn on Pine Grove Avenue, Port Huron, MI
If you're in the market for a lucrative investment property with a rich history and prime location, look no further than 3515 Pine Grove Avenue in Port Huron, MI. Listed at $699,990, this remarkable property operates as an inn and offers a unique blend of charm, functionality, and income potential.
The inn comprises three buildings totaling over 4,400 square feet. The main building is a striking 2.5-story structure featuring a full basement and 15 leased units. This setup ensures a steady flow of rental income from tenants who appreciate the property's character and convenience. Additionally, two supplementary buildings provide up to five more units, offering even more opportunities for revenue generation.
One of the standout features of this property is its prime location with river frontage. Nestled in a sought-after area of Port Huron, tenants can enjoy serene water views and easy access to local amenities. The picturesque setting not only attracts long-term renters but also appeals to short-term guests seeking a unique stay.
What makes this property particularly enticing is the room for expansion. With over 4,400 square feet at your disposal, there are numerous possibilities for enhancing the inn's offerings or increasing the number of rentable units. Whether you choose to renovate existing spaces or develop new ones, the potential for growth is significant.
Investing in 3515 Pine Grove Avenue means tapping into Port Huron's thriving rental market while owning a piece of its history. The combination of steady rental income and expansion opportunities makes this property an excellent investment choice. Don't miss out on this chance to own a prime piece of real estate that promises both immediate returns and future growth.
For those interested in exploring this exceptional investment opportunity further, contact your real estate agent today to schedule a viewing. The charm and potential of 3515 Pine Grove Avenue await!
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