Yale, MI 48097,516 North St

$220,000

$239,900

8.3%
Est.Price: ?

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Est. payment /mo

2.5 Baths

7,000 SqFt


SOLD DATE : 09/15/2022

Key Details

Sold Price $220,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $31

Subdivision Assessors John Bright

MLS Listing ID 58050074510

Sold Date 09/15/22

Full Baths 2

Half Baths 1

Originating Board MiRealSource

Year Built 1950

Annual Tax Amount $5,230

Lot Size 1.280 Acres

Acres 1.28

Lot Dimensions 247x227

Property Description

Own This Multi-Use Space And Have Positive Cash Flow From Day 1! $3,030 in Monthly Income! Space Includes 2 Handicap Accessible Lavatories, 2 additional bathrooms,8x40 Covered Front Porch, Handicap Accessible Building With Wheelchair Ramp. Newer Solid Block & Brick Overlay Bldg. Hardwood Floors On Main Level. Lower Level Features Two Leased Rental Apts. Separate Entrances For Each Unit. Apartments Have An additional 2,500 sq feet with an Open Concept. Main Floor Central Air, Forced Air Heat. Ample Parking, Solid Bldg. Newer Roof, Furnaces, & Kitchen Area. Raised Stage, Perfect For Community Theatre, Art Classes Or Centre Gatherings. Water Tower Not Part Of Property. Income For Main Level Commercial Space: $1,400/MO, Lower Apartment #1: $895/MO, Lower Apartment #2: $735/MO. $3,030 Total Income! Situated on 1.28 Acres. Short term Land Contract Terms Now available.

Location

State MI

County St. Clair

Area Yale

Rooms

Basement Other

Interior

Hot Water Natural Gas

Heating Forced Air

Heat Source Natural Gas

Exterior

Pool No

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Schools

School District Yale

Others

Pets Allowed Yes

Tax ID 74080650001100

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Real Estate One Port Huron
Bought with Keller Williams Realty-Great Lakes
agent-avatar

+1(248) 550-1101

brett@brettsmithrealty.com

28780 John R Rd, Madison Heights, MI, 48071, USA

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