$550,000
$550,000
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7 Baths
4,500 SqFt
SOLD DATE : 12/27/2022
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $122
Subdivision Village Of Algonac
MLS Listing ID 58050092563
Sold Date 12/27/22
Full Baths 7
Originating Board MiRealSource
Annual Tax Amount $4,086
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 54x140
Property Description
7 unit appartment complex. Will be 100% occupied at closing. fully renovated in 2022. New kitchens new bathroom all new flooring. Across the street from the St. Clair River. Enjoy a 12% cap rate or with professional management 9.5%
Location
State MI
County St. Clair
Area Algonac
Zoning Multi-Family
Interior
Hot Water Natural Gas
Heating Forced Air, Separate Meters
Heat Source Natural Gas
Exterior
Pool No
Porch Balcony, Porch
Building
Foundation Basement
Sewer Other/None
Water Public (Municipal)
Level or Stories 2 Story
Schools
School District Algonac
Others
Pets Allowed Yes
Tax ID 74011050444000
Ownership Corporate/Relocation,Short Sale - No
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
Financing Cash,Contract
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