OWN THE BLOCK ON ASHMAN! An exceptional investment opportunity in Midland, Michigan! This high-performing, mixed-use complex features a diverse and stable income stream across 14 residential units, 4 commercial spaces and an additional detached single family house all situated on a strategically located parcel in the heart of the City… Read More near downtown, schools, and shopping. The entire portfolio has professional property management in place with several of the units recently upgraded by current ownership in 2025 (see 2025 YTD P&L for details). The portfolio is at or near full occupancy with a 2026 pro forma net operating income projected at over $70,000+ and an estimated 8.76% cap rate. Also potentially available is 906 Ashman adjacent to the building. Buyer may tour any vacant units prior to offer acceptance and may then tour the entire building during due diligence. Read Less
Courtesy of Modern Realty.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Commercial/Industrial
Square Ft.
8,006
Lot Size
0.34 Acres
Year Built
9999
MLS Number
50195472
Additional Details
Property Access
Paved Street
Building
8,006 square feet, Built in 9999
Water Features
Public Water
Lot
0.34 acres, Lot size: Irregular
Parking
11-20 Spaces
Property
Commercial
Sewer
Public Sanitary
Taxes
Total amount: $12,395, Year: 2025
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