$429,000 for Sale
4915 hedgewood drive, midland, MI 48640
| Beds 5 | Baths 3 | 1,534 Sqft | 0.56 Acres |
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Property Description
LIVE THE LAVISH LIFESTYLE! The Lavish Style Studios Salon building is ready for the next entrepreneur! Move your own business right in or lease it up into a cash flowing investment property. The layout features 6 individual suites with a potential gross monthly rent of over $5,250+ when fully leased. Suites 1 and 2 are occupied by Vital Hydr8 which has a wellness room with cold plunge and infrared sauna along with an IV lounge with lounge chairs. Suites 3-6 have signed leases through the end of 2025 bringing in approximately $3,200+ per month currently (tenants pay by the week). This 1,534 square foot one story building was built in 1978 and updated in 2024 including a brand new roof. The landlord provides lawn care, snow removal, utilities and some basic interior common area maintenance. Call today for your own private showing!
General Information
Sale Price: $429,000
Price/SqFt: $280
Status: Active
MLS#: 61050170344
City: midland
Post Office: midland
Schools: midland
County: Midland
Subdivision: hedgewood
Acres: 0.56
Lot Dimensions: 149x166
Bedrooms:5
Bathrooms:3 (1 full, 2 half)
House Size: 1,534 sq.ft.
Acreage: 0.56 est.
Year Built: 1978
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom: 17.00 x 14.00
Bedroom: 13.00 x 15.00
Bedroom: 10.00 x 12.00
Bedroom: 10.00 x 12.00
Bedroom: 10.00 x 12.00
Bedroom: 14.00 x 15.00
Bath - Full: x
Bath - Lav: x
Bath - Lav: x
Kitchen: 5.00 x 5.00
Garage Description: 2+ Assigned Spaces
Construction: Wood
Exterior: Wood
Basement: Yes
Foundation : Basement
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Est. Summer Taxes: $2,937
Est. Winter Taxes: $1,251
HOA fees: 1
Legal Description: LOT 3 HEDGEWOOD SUB NO 1 EXC W 67 FT SUBJECT TO ANY ESMENTS OF RECORD
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Saginaw Board of REALTORS®, ©2025 Realcomp II Ltd. Shareholders
Listing By: Logan Richetti of Modern Realty, Phone: (989) 486-9770
