$475,000
$579,000
18.0%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
8,800 SqFt
SOLD DATE : 09/14/2022
Key Details
Sold Price $475,000
Property Type Commercial
Sub Type Apartments,Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 8,800 sqft
Price per Sqft $53
Subdivision Original Plat Of Merrill Vlg
MLS Listing ID 2220027566
Sold Date 09/14/22
Bedrooms 11
Originating Board Realcomp II Ltd
Year Built 2001
Annual Tax Amount $6,145
Lot Size 1.960 Acres
Acres 1.96
Lot Dimensions 330x258
Property Description
Great investment property. 11 units (3 -1 bedroom units $500-550 and 8 -2 bedroom units $600-650). Property manager lives in 1 -1 bedroom unit at this time. He cares for lawn, minor maintenance, etc. Tenants pay gas/electric which are on their own meters. Seller pays gas/electric for outdoor lights/laundry, water, garbage, Orkin & snow removal. In the last 3 years, 3 stoves and 2 refrigerators have been replaced. EXCLUDES: riding lawn mower
Location
State MI
County Saginaw
Area Merrill Vlg
Zoning Commercial,Multi-Family
Direction From M46 turn N on Midland St, W on Hood
Interior
Hot Water Electric
Heating Forced Air
Heat Source Natural Gas
Exterior
Exterior Feature Private Entry
Pool No
Roof Type Asphalt
Road Frontage Paved
Building
Foundation Slab
Sewer Sewer at Street
Water Public (Municipal)
Level or Stories 2 Story
Structure Type Aluminum,Brick
Schools
School District Merrill
Others
Tax ID 17121270225001
Ownership Short Sale - No,Private Owned
Assessment Amount $202,006
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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