$400,000
$400,000
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5 Beds
7,840 Sqft Lot
SOLD DATE : 09/08/2022
Key Details
Sold Price $400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65022031199
Sold Date 09/08/22
Bedrooms 5
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1979
Annual Tax Amount $5,968
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 8015
Property Description
Can you say CASH FLOW?? This 5 unit in Whitmore Lake is in a perfect location. With all 5 units fully occupied, this investment will cash flow on purchase. Not to mention it's new owner will have $20K in equity at LEAST, plus room to grow on rents. This property was appraised last May 2021 for $420k (appraisal report available on request). Don't miss this opportunity!
Location
State MI
County Washtenaw
Area Northfield Twp
Zoning Other
Direction Take US 23 S and get off on Exit 53 toward Whitmore Lake Rd. At the traffic circle, take the 2nd exit onto Eight Mile Rd. At the traffic circle, take the 1st exit and stay on Eight Mile Rd. Continue onto Main St. Turn right onto Jennings Rd. Turn right onto Brookside Dr. destination is on your left.
Interior
Interior Features Cable Available
Heating Baseboard
Heat Source Natural Gas
Exterior
Garage Spaces 12.0
Pool No
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Well (Existing)
Structure Type Brick
Schools
School District Whitmore Lake
Others
Pets Allowed Yes
Tax ID B0205365001
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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Bought with Five Star Real Estate (Eastown)