$300,000
$299,900
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20 Beds
4 Baths
3,724 SqFt
SOLD DATE : 08/14/2020
Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,724 sqft
Price per Sqft $80
Subdivision Civic Improvement Co'S Marquette Sub
MLS Listing ID 2200022815
Sold Date 08/14/20
Style Colonial
Bedrooms 20
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1920
Annual Tax Amount $2,978
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 120X105X120X105
Property Description
Great income property! Completely renovated half way house with tenants -- Contract with correction for a 1 year ($840/tenant). Contract is renewed every September. The house is at 60% occupancy rate. 14.5% cap rate. 2009 Updates include: new plumbing, electrical, dry wall, paint, carpeting, kitchen. bath, roof and heat. Gas generator is included. Sale includes: 1420202021, 1420202019 and 1420202020. Divorce forces sale. Appliances include: refrigerator microwave and stove. Inventory: 20 Beds will be left. Excluded: Washer and Dryer are not owned -- It is serviced by a laundry company.
Location
State MI
County Oakland
Area Pontiac
Zoning Commercial
Direction NEAR MONCALM AND BALDWIN
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Baseboard
Cooling Ceiling Fan(s)
Heat Source Natural Gas
Exterior
Pool No
Roof Type Asphalt
Porch Balcony, Porch
Road Frontage Paved
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Vinyl
Schools
School District Pontiac
Others
Pets Allowed Yes
Tax ID 1420202020
Ownership Private Owned,Short Sale - No
Acceptable Financing Cash, Conventional
Rebuilt Year 2010
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Wilhelm & Assoc Inc, REALTOR
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