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Jessica A Wilson

jannewilsonrealtor@gmail.com +1(313) 399-5605

$ 135,000

Est. payment | -/mo

2,084 SqFt

Save

$ 135,000

Est. payment | -/mo

Save

2,084 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,084 sqft

Price per Sqft $64

MLS Listing ID 66026023173

Year Built 1910

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type MultiFamily

Property Description

This three-unit apartment house can generate a total annual rental income of $31,200. The owner pays for water and sewer, while tenants are responsible for their own gas and electric service, and each unit is separately metered for both utilities. All three apartments have undergone major interior renovation, providing updated living spaces throughout. New flooring, appliances, furnaces, roof, bath fixtures, etc. The exterior still requires some trim work, primarily involving the vinyl siding around the replacement windows and the upper apartment. However, the asking price reflects these remaining trim issues. One tenant has already moved into Apartment #2 at $900 per month and is occupying the unit on a month-to-month basis, as no written lease has been executed. This is a cash-only sale.

Location

State MI

County Calhoun

Area Area96152Albion

Interior

Heating Hot Water, Natural Gas

Fireplace No

Exterior

Parking Features Unpaved

Community Features Sidewalks

Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected

View Y/N No

Roof Type Composition

Building

Lot Description Level

Foundation CrawlSpace, MichiganBasement

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

School District Marshall Albion

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Paul C Graham of Five Star Real Estate

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 399-5605

jannewilsonrealtor@gmail.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

Learn More About LPT Realty

911 N Clinton ST Albion City, MI 49224