$109,900
$109,900
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3 Baths
2,268 SqFt
SOLD DATE : 04/22/2022
Key Details
Sold Price $109,900
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,268 sqft
Price per Sqft $48
Subdivision None
MLS Listing ID 5050067558
Sold Date 04/22/22
Full Baths 3
Originating Board East Central Association of REALTORS
Year Built 1910
Annual Tax Amount $2,678
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 102 x 145
Property Description
Excellent investment opportunity! This 3-unit apartment building brings in $1500 per month in rent. All units are occupied and have a good pay history. Tenant in unit 1 handles lawn care and snow removal as a part of her rent so regular maintenance is kept to a minimum. Electric and gas are separate and paid by tenants. Water, sewer, and trash are paid by landlord and average $220 per month total. Estimated annual cap rate at the asking price is 9.8%. Call today for more information.
Location
State MI
County Shiawassee
Area Corunna
Zoning Residential
Interior
Hot Water Natural Gas
Heating Forced Air, Separate Meters
Cooling Ceiling Fan(s)
Heat Source Natural Gas
Exterior
Pool No
Porch Porch
Road Frontage Paved
Building
Foundation Basement, Michigan Basement
Sewer Sewer-Sanitary
Water Municipal Water
Level or Stories 2 Story
Structure Type Wood
Schools
School District Corunna
Others
Pets Allowed Yes
Tax ID 0261003400300
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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