For Sale
$345,000

46175 Sterritt StUtica, MI 48317

Established Group Home, Utica, MI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2,203 square foot group home, located at 46175 Sterritt St, Utica, MI 48317, presents a unique investment opportunity. Built in 1972 and extensively renovated in 2023, this single-story property boasts four bedrooms and two full bathrooms, all designed with accessibility in mind. Wheelchair accessibility is a key feature, encompassing bedrooms, bathrooms, and living areas, ensuring comfortable living for all residents. The property is zoned RES and has undergone a complete city inspection, ensuring compliance with all regulations. Currently operating as a group home, it's licensed to accommodate up to six residents, with a mix of private and semi-private rooms. The asking price is $345,000. This turnkey operation offers immediate income potential and a strong foundation for continued success in the growing senior living market. The property's 2,203 square feet of air rights provide potential for future expansion or development. This is a rare opportunity to acquire a well-maintained, compliant, and profitable group home in a desirable Michigan location. Serious inquiries only.

Highlights

  • Exceptional 2,203 sq ft group home in Utica, MI, offering a strong investment opportunity.
  • Completely renovated in 2023, this single-story property features four bedrooms and two full bathrooms.
  • Wheelchair accessible throughout, including bedrooms, bathrooms, and living areas.
  • Licensed for up to six residents, with a mix of private and semi-private rooms; currently operating as a turnkey group home.
  • Zoned RES and fully compliant following a recent city inspection; asking price $345,000.

Property Details for 46175 Sterritt St

Property type
Retirement homes
Square Feet
2,203 SF
Year Built/Renovated
1972/2023
Stories
1
Units
1

Location Insight

City
Utica
County
Macomb
State
Michigan
Latitude
42.6349975
Longitude
-83.0183246
46175 Sterritt St, Utica, Michigan

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46175 Sterritt St
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