4915 Hedgewood Drive

Midland, Michigan 48640

  • 5 Bed(s)
  • 1.5 Bath(s)
  • 1,534 Sqft
  • 0.56
    Acre(Lot)
$449,000

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!

  • Property Type

    Residential

  • Subdivision

    Suburban Park Sub

  • County

    Midland

  • Style

    Ranch

  • AD ID

    49196663

Sell a home like this and save $26,441 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 1.5
    • Full Baths: 1
    • Half Baths: 2

    Room Information

    • Total Rooms: 9

    Interior Features

    • High Spd Internet Avail

    Heating & Cooling

    • Cooling: Central Air
    • Heating: Forced Air
    • Heating Fuel: Natural Gas

    Water Heater

    • Natural Gas

  • Building Information

    • Year Built: 1978
    • Building Stories: 1 Story
    • Foundation/Basement: Basement
    • Architecture: Ranch

    Exterior Features

    • Construction: Wood

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 0.56
    • Dimensions: 149x166

    Property Information

    • SQ ft: 1534
    • Subdivision: Hedgewood
    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $449,000

    Listing Information

    • Possession: Negotiable
    • Legal Description: LOT 3 HEDGEWOOD SUB NO 1 EXC W 67 FT SUBJECT TO ANY ESMENTS OF RECORD

  • Tax Information

    • Annual Tax: $4,188
    • Parcel Number: 140650127

    Possession

    • Negotiable

    Legal Information

    • Legal Description: Section: LOT 3 HEDGEWOOD SUB NO 1 EXC W 67 FT SUBJECT TO ANY ESMENTS OF RECORD

  • Parking Information

    • Garage Description: 2+ Assigned Spaces

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2025 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan.

BuyOwner last updated this listing 04/05/2025 @ 02:47

  • MLS: 624868621
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Home, with 5 bedrooms which is for sale, it has 1,534 sqft, 1 sized lot, and 0 parking. are nearby neighborhoods.