$60,000
$127,900
53.1%For more information regarding the value of a property, please contact us for a free consultation.
2,656 SqFt
SOLD DATE : 01/31/2022
Key Details
Sold Price $60,000
Property Type Commercial
Sub Type Apartments,Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 2,656 sqft
Price per Sqft $22
MLS Listing ID 60050063427
Sold Date 01/31/22
Originating Board Greater Shiawassee Association of REALTORS
Year Built 1900
Annual Tax Amount $2,609
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 31x125
Property Description
Excellent investment opportunity with this 4 unit brick building in downtown Morrice. Included (3) 1 bedroom apartments, garage and a commercial store front currently rented as a barber shop. Entire building was gutted and remodeled in 1995 down to the studs. Electrical, plumbing, kitchens, baths were all redone! Each unit has their own metered gas and electric, paid by the tenants. Commercial unit in front includes the electrical for the well for the entire building. Back main level unit rents the garage. Landlord pays for sewer and trash on a quarterly basis. Apartments are a month to month lease and commercial (barbershop space has a 2 year lease, expiring in 9/2023.
Location
State MI
County Shiawassee
Area Morrice Vlg
Zoning Commercial
Direction Downtown section of Main Street. Just North of Second Street
Interior
Hot Water Electric
Heating Wall/Floor Furnace
Heat Source Natural Gas
Exterior
Pool No
Road Frontage Paved
Building
Foundation Crawl
Sewer Sewer-Sanitary
Water Well-Existing
Structure Type Brick
Schools
School District Morrice
Others
Tax ID 01460005009
Ownership Short Sale - No,Private Owned
SqFt Source Assessors
Acceptable Financing Cash, Conventional, Gross Lease
Listing Terms Cash, Conventional, Gross Lease
Financing Cash,Conventional,Gross Lease
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