$449,000 for Sale
4915 hedgewood drive, midland, MI 48640
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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. This business and its equipment could be purchased independently by the new owner or could be cleared out prior to closing and the suites owner occupied or leased to any number of tenants including: massage therapist, hair stylist, etc. 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
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
Garage Description: 2+ Assigned Spaces
Construction: Wood
Exterior: Wood
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)
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
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
Legal Description: LOT 3 HEDGEWOOD SUB NO 1 EXC W 67 FT SUBJECT TO ANY ESMENTS OF RECORD
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Saginaw Board of REALTORS®, ©2025 Realcomp II Ltd. Shareholders Listing By: Logan Richetti of Modern Realty, Phone: (989) 486-9770
810-660-1838
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Michael Roos
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810-660-1838 Office: 810-660-1838 |
This Single-Family Home located at
is currently for sale. This property is listed for $449,000.
4915 hedgewood drive
has 5 bedrooms, approximately 1,534 square feet.
This home is in the midland school district and has a lot size of 149x166 with 0.56 acres and was built in 1978.
4915 hedgewood drive is in midland and in ZIP Code 48640 area.
4915 hedgewood drive, midland MI, 48640
For Sale | $449,000
| 5 Bed, 3 Bath | 1,534 Sq Ft
MLS ID sbrmi61050170344
If you have any question about this property or any others, please don't hesitate to contact me.
