$449,900
Milford, MI 48381
MLS# 26008807
Status: Coming Soon
1464 sqft
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1 / 36
Open House (03/15/2026 - 12:30 pm - 2:00 pm)
Property Description
Architectural history meets modern luxury in this RARE, income-producing opportunity! This VERY PROFITABLE, FULLY FURNISHED historic home is a proven turnkey AirBnB with positive cash flow, generating over $75,000 in 24 & 25 (proof available). Original decorative filigree and an ornate antique fireplace mantel highlight its timeless character, while a full renovation and professional decor deliver modern comfort. Located in the heart of Milford's Historic District, just steps from downtown shops and restaurants. The updated kitchen features expansive counters, ample cabinetry, and stainless appliances. Entertain effortlessly with a custom liquor cabinet, kegerator, wet bar, and a huge backyard with bocce court and large deck. Spacious bedrooms, oversized shower, and extensive updates throughout. Easy to purchase using a DSCR loan--qualify based on rental income, not your W-2 or tax returns! Whether an investor or owner-occupant, this is a high-performing asset and unforgettable home!
Details
Maps
Location & Property Info
Cross Streets: E of Main N of Commerce
Property Sub-Type: Business Opportunity
Municipality: Milford Vlg
Subdivision: Phelps Add
Office/Contract Info
On-Market Date: 2026-03-15
Auction or For Sale: For Sale
List Price/SqFt: 307.31
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 66 x 132
Road Frontage: 66
Waterfront: No
Year Remodeled: 0
Total # Units: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 1464
Total SqFt: 1464
Property Use Type: Investment
School District: Huron Valley
Elementary School: Kurtz Elementary School
High School: Milford High School
Middle School: Muir Middle School
Lot Measurement: Acres
Lot Acres: 0.2
Lot Square Footage: 8712
Year Built: 1866
Full Baths: 1
Tax Info
Taxable Value: 135160
SEV: 135660
For Tax Year: 2025
Seller's Annual Property Tax: 7813
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: None Known
Zoning: Residential
Tax ID #: 16-11-106-005
Remarks & Misc
Public Remarks: Architectural history meets modern luxury in this RARE, income-producing opportunity! This VERY PROFITABLE, FULLY FURNISHED historic home is a proven turnkey AirBnB with positive cash flow, generating over $75,000 in 24 & 25 (proof available). Original decorative filigree and an ornate antique fireplace mantel highlight its timeless character, while a full renovation and professional decor deliver modern comfort. Located in the heart of Milford's Historic District, just steps from downtown shops and restaurants. The updated kitchen features expansive counters, ample cabinetry, and stainless appliances. Entertain effortlessly with a custom liquor cabinet, kegerator, wet bar, and a huge backyard with bocce court and large deck. Spacious bedrooms, oversized shower, and extensive updates throughout. Easy to purchase using a DSCR loan--qualify based on rental income, not your W-2 or tax returns! Whether an investor or owner-occupant, this is a high-performing asset and unforgettable home!
Legal: T2N, R7E, SEC 10 & 11 PHELPS' ADD. N 1/2 OF LOT 3 & S 1/2 OF LOT 4 BLK 17
Income and Expenses
Annual Prop Ins ($): 75000
Net Operating Income: 35000
Street Type
Paved: 1
Public: 1
SqFt Information
Smoke Detector(s): 1
Property Use
Investment: 1
Vacant/Owner-User: 1
Utilities Attached
Cable Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Other: 1
Construction Type
Frame/Wood: 1
Exterior Material
Vinyl Siding: 1
Roofing
Other: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Proprietorship: 1
Below Grade
Basement: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Furniture: 1
Inventory: 1
Real Estate: 1
Foundation
Brick/Mortar: 1
Combination: 1
Stone: 1
Util Avail at St
None: 1
Driveway
Concrete: 1
Paved: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Business Opportunity
Business Description: Hotel/Motel
Possession
Close Of Escrow: 1
Location Property Info
County: Oakland
Street #: 524
Street Name: Hickory
Suffix: Street
State: MI
Zip Code: 48381
Zip (4): 1649
OfficeContract Info
Status: Coming Soon
Current Price: $449,900
List Price: $449,900
Listing Date: 2026-03-09
Remarks Misc
Directions: E of Main Street - N off Commerce onto Hickory. House will be on the right.
Property Features
Property Use: Investment; Vacant/Owner-User
SqFt Information: Smoke Detector(s)
Uses: Other
Ownership: Proprietorship
Business Includes: Furniture; Inventory; Real Estate
Construction Type: Frame/Wood
Exterior Material: Vinyl Siding
Roofing: Other
Foundation: Brick/Mortar; Combination; Stone
Below Grade: Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Natural Gas Connected
Util Avail at St: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Concrete; Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Close Of Escrow
Listing Office: LPT Realty, LLC
Listing Agent: Robert Bulmer
Last Updated: March - 09 - 2026
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