$171,500
$175,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
0.74 Acres Lot
SOLD DATE : 07/02/2020
Key Details
Sold Price $171,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65020004102
Sold Date 07/02/20
Bedrooms 4
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1975
Annual Tax Amount $3,317
Lot Size 0.740 Acres
Acres 0.74
Lot Dimensions 90X289
Property Description
Great opportunity to own a 4 unit side by side as an investment property or owner occupant and let tenants pay down the mortgage. Very well kept and maintained by property management company. Large lot for future additions. 2 large sheds for additional storage for tenants. All are 1 bedroom and 1 bath. Rents are currently low for the area due to long term tenants. Current rents are $425, $450, $575 and last unit vacant. Market rents in the area for the same unit ranging from $600-$870. Completely renovated unit with new kitchen and bath will be vacant in March so new owner can place tenants with higher rents. New roof 2019.
Location
State MI
County Kalamazoo
Area Comstock Twp
Zoning Residential
Direction Off of Gull Rd between N Sprinkle and Nazareth Rd
Interior
Interior Features Cable Available
Heating Forced Air
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Pool No
Roof Type Composition
Road Frontage Paved, Pub. Sidewalk
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Water at Street, Public (Municipal)
Structure Type Block/Concrete/Masonry
Schools
School District Comstock
Others
Pets Allowed Yes
Tax ID 0706302820
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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Bought with Lockett-Jones Realty Group
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