2 homes located at 103 W Cherry Creek Rd in the heart of Mio on a 0.4-acre lot. The front home is 720 sq ft ranch, 3 bedrooms & 2 baths with a gorgeous addition that can serve as a Great Room or Entertainment Room. Large deck off back of home and small shed for storage. The home located in the back is 480 sq ft with 2 bedrooms & 1 baths has the potential of 3 bedrooms. Perfect for a secondary rental income stream. Business Opportunity: You can pick up both homes under $150k. You can utilize this as a long-term rental to stabilize your mortgage or as a separate Short Term Rental unit for smaller parties, the ROI potential is undeniable. Close to the AuSable River and downtown Mio.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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