$609,300
$674,900
9.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
5 Baths
1,848 SqFt
SOLD DATE : 02/19/2021
Key Details
Sold Price $609,300
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,848 sqft
Price per Sqft $329
Subdivision Twin Oaks
MLS Listing ID 2200096083
Sold Date 02/19/21
Style Quadruplex
Bedrooms 4
Full Baths 5
Originating Board Realcomp II Ltd
Year Built 1940
Annual Tax Amount $6,804
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50.00X139.00
Property Description
If you are looking for a stable 4 unit asset to add to your portfolio, look no further! This 2-story brick building with full basement and 6 car parking lot is a fully approved commercial property located in downtown Rochester. Enjoy the ambiance of a quiet neighborhood while being just a 3 minute walk from the bustling downtown atmosphere. This building was fully rehabbed in 2014 with an all new design & layout, new mechanicals, plumbing, electrical, floors, paint, fixtures, kitchens, bathrooms and more. Each apartment is unique and features a new kitchen, full bathrooms, nicely sized open living areas and large bedrooms. Tenants use basement for storage and have free access to the laundry room out back. Each unit has it's own gas and electric meter. The landscaping is well maintained with a sprinkler system. The 2 bedroom is an air bnb with 85 active reviews and 4.9/5 rating. Great opportunity for investor or house hacker to live in one unit while collecting rents on other 3 units!
Location
State MI
County Oakland
Area Rochester
Zoning Commercial
Direction South of University and West of Main Street
Rooms
Basement Common
Interior
Interior Features Cable Available, Furnished, Programmable Thermostat
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Pool No
Roof Type Asphalt
Porch Patio
Road Frontage Paved
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Quadruplex
Level or Stories 2 Story
Structure Type Block/Concrete/Masonry,Brick
Schools
School District Rochester
Others
Pets Allowed Yes
Tax ID 1515205010
Ownership Private Owned,Short Sale - No
Acceptable Financing Cash, Conventional, FHA, VA, Warranty Deed
Rebuilt Year 2014
Listing Terms Cash, Conventional, FHA, VA, Warranty Deed
Financing Cash,Conventional,FHA,VA,Warranty Deed
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