Welcome to this exceptional investment property located in a prime area that promises steady rental income and long-term potential. With a tenant-occupied upstairs unit and a thriving restaurant leasing the lower unit with a remaining lease of 3 years, this property is a smart addition to your portfolio. The upstairs unit is a 2 bedroom, currently occupied by a reliable tenant, ensuring immediate rental income for the new owner. The downstairs unit is a beloved and established restaurant. With a lease in place for the next 3 years, you can enjoy consistent rental income. Don't miss your chance to acquire a well-established investment property with income already in place!
Temperance is located in Michigan. Temperance, Michigan has a population of 8,599. Temperance is less family-centric than the surrounding county with 27.79% of the households containing married families with children. The county average for households married with children is 28.44%.
The median household income in Temperance, Michigan is $72,961. The median household income for the surrounding county is $59,479 compared to the national median of $57,652. The median age of people living in Temperance is 45.8 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 34.6 inches per year, with 39 inches of snow per year.
