103 W Cherry Creek Rd, Mio, MI 48647

Savvy investors, take note. 103 W Cherry Creek Rd is not just a home -- it's a revenue generator in the heart of Mio. This unique property features two separate dwellings on a single 0.4-acre lot, offering a pure investment play that is nearly impossible to find at this price point. The Primary Residence: A 720 sqft ranch boasting 3 bedrooms and 2 baths with an addition that can serve as a Great Room or Entertainment Room. Has Large deck off back of home and small shed for storage. The Secondary Unit: A separate, self-contained home at 480 sqft. This home has 2 bedrooms and 1 bath with the potential of 3 bedrooms. Has additional storage shed. Perfect for a secondary rental income stream. The Numbers: Acquire two units for under $150k -- well below replacement cost. Located in a low-tax township with high demand. Whether you utilize it 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.