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548 Shattuck, Carrollton, MI 48604

Carrollton
Local realty services provided by:CENTURY 21 Northland
548 Shattuck,Carrollton, MI 48604
$799,900
  • 15 Beds
  • 16 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: paul burback
Office: the miller group
MLS#:50134192
Source:MI_REALSOURCE

Price summary

  • Price:$799,900

About this home

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,...

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Home facts

  • Year built:1972
  • Listing ID #:50134192
  • Added:818 day(s) ago
  • Updated:May 22, 2026 at 10:12 AM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:16
  • Full bathrooms:8
  • Half bathrooms:8

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1972
  • Lot area:1.47 Acres
  • Architectural Style:Quad-Level
  • Foundation Description:Basement

Utilities

  • Water:Public Water
  • Sewer:Community

Finances and disclosures

  • Price:$799,900
  • Tax amount:$9,755

Parking

  • Parking description:Detached Garage
  • Garage spaces:10

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