$300,000
$375,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
5 Baths
4,678 SqFt
SOLD DATE : 03/31/2023
Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,678 sqft
Price per Sqft $64
MLS Listing ID 20221054150
Sold Date 03/31/23
Style Other
Bedrooms 4
Full Baths 5
Originating Board Realcomp II Ltd
Annual Tax Amount $2,698
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 12.5 x 200
Property Description
4 Unit Multi-Family Home on 1 Acre Parcel. Two 2-bedroom and Two 3-bedroom units, with plenty of parking. Coin-Operated Laundry on premises. Well and septic, no water bills, septic is regularly maintained and was replaced from original system. Tenants are month to month, projected income is approximately $4,500/month or $54,000 annually. Based on $395K sale price this is about a 13% annual return on investment, not including real estate appreciation potential. 24 hours notification prior to showing is required.
Location
State MI
County Livingston
Area Cohoctah Twp
Zoning Multiple
Direction North on Oak Grove, West on Cohoctah
Interior
Interior Features Cable Available
Heating Forced Air
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Pool No
Roof Type Asphalt
Porch Deck, Porch
Road Frontage Paved
Building
Foundation Crawl, Michigan Basement
Sewer Septic Tank (Existing)
Water Well (Existing)
Architectural Style Other
Level or Stories 2 Story
Structure Type Vinyl
Schools
School District Byron
Others
Pets Allowed Yes
Tax ID 0202300011
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Brandt Real Estate