2736 Golf Course Drive Marlette, MI 48453
COMMERCIAL - Marlette, MI
- Added:
- Apr 14, 2025
- Days on Market:
- 455
- Last Refresh:
- Jul 12 at 3:06 am
Property Features for 2736 Golf Course Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 330-032-300-530-00
- Size
- 9,000 SF
- Lot size
- 1.47 Acres
Utilities
- Heating system
- Oil
- Water source
- Public
Building Details
- Year built
- 1964
- Roof type
- Shingle
Listing agent Anthony Rubino License #6502425251 (586) 873-5419
Listing office Pilot Property Group - Residential LLC 38600 Van Dyke Ste 325, Shelby Twp, MI (586) 254-0900
Listing date Apr 14, 2025
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 2736 Golf Course Drive in Marlette, Michigan, and sits across the street from the Marlette Golf Course. The lot size is 1.47 acres, and the overall property size is listed at 9,000 square feet.
For buyers seeking a small, self-contained residential income asset, the configuration of one brick building with 10 units can simplify operations and leasing compared to multi-building setups. The included carport may be a practical amenity for tenants, and the property’s direct relationship to a nearby golf course setting may appeal to renters looking for a residential environment adjacent to open space. Please note that additional details on unit mix, interiors, and current financial performance are not provided in the available information.
Key Highlights
- 10‑unit multifamily property constructed in 1964
- Brick building plus carport
- Oil heating
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.4k | $9.60 |
| − Vacancy | −$6.9k | −$0.77 |
| EGI | $79.5k | $8.83 |
| − OpEx | −$35.8k | −$3.97 |
| NOI | $43.7k | $4.86 |
