104 N Prairie Street, Lyons, MI 48851

Excellent business opportunity with 9.4% cap rate, $93,036 net operating income. Professionally appraised at $1,050,000. Renovated 2021 w/construction cost of 665k w/all new furnaces, hvac, water heaters, new kitchens w/shaker cabinets, new baths, new floor covering. Roof 2018 w/20 yrs warranty. Turn key very sharp units. All new appliances w/stainless steel stove, refrigerators, microwaves + in unit washer and dryers. Incredible all brick 1902 bank building . Lots of character w/safe, exposed brick, high ceilings, hardwood floors, arched windows. 7 one bedroom apts, 1 two bedroom apt, + commercial space leased to USPS.  All tenants current. Renovation details and leases available upon request Lots of character w/safe, exposed brick, high ceilings, hardwood floors, arched windows. 7 one bedroom apts, 1 two bedroom apt, + commercial space leased to USPS.  All tenants current. Renovation details and leases available upon request