$449,900
Milford, MI 48381
MLS# 26008807
1464 sqft
|

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
Location Property Info
County: Oakland
Street #: 524
Street Name: Hickory
Suffix: Street
State: MI
Zip Code: 48381
Zip (4): 1649
OfficeContract Info
Status: Active
Current Price: $449,900
List Price: $449,900
Listing Date: 2026-03-09
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.2
Lot Square Footage: 8712
Lot Dimensions: 66 x 132
Year Built: 1866
Road Frontage: 66
Total # Units: 1
# Fin Bldg Lvls: 1464
Total # Bldgs: 1
Total SqFt: 1464
Property Use Type: Investment
Full Baths: 1
Waterfront: No
School District: Huron Valley
Elementary School: Kurtz Elementary School
Middle School: Muir Middle School
High School: Milford High School
Tax Info
Tax ID #: 16-11-106-005
Taxable Value: 135160
SEV: 135660
For Tax Year: 2025
Seller's Annual Property Tax: 7813
Tax Year: 2025
Spec Assessment & Type: None Known
Zoning: Residential
Remarks Misc
Directions: E of Main Street - N off Commerce onto Hickory. House will be on the right.
Income and Expenses
Annual Prop Ins ($): 75000
Net Operating Income: 35000
Business Opportunity
Business Description: Hotel/Motel
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 - 14 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
