Mt. Morris Twp, MI 48433,3489 Pierson Place

$140,000

$150,000

6.7%
Est.Price: ?

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Est. payment /mo

4,080 SqFt


SOLD DATE : 06/13/2023

Key Details

Sold Price $140,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,080 sqft

Price per Sqft $34

MLS Listing ID 5050059020

Sold Date 06/13/23

Originating Board East Central Association of REALTORS®

Year Built 1977

Annual Tax Amount $7,973

Lot Size 0.470 Acres

Acres 0.47

Lot Dimensions 138x161

Property Description

Nice brick office building on Pierson Place, across the street from Home Depot. Approximately 4100 square feet, currently divided into 3 units. Very good condition, numerous offices, plenty of parking, 4 bathrooms, excellent location close to I-75 access. Two of the units currently leased out generating $1975 monthly in gross income. Priced at the ridiculously low price of 36 per/sq ft and generating positive cash flow! Smallest unit for lease could generate another $600 in income. Also a possibility to occupy half of the space while the tenants pay the note!

Location

State MI

County Genesee

Area Mt. Morris Twp

Interior

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Pool No

Roof Type Rubber

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Westwood Heights

Others

Tax ID 1432503016

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 REMAX Right Choice
Bought with Ham Group Realty
agent-avatar

+1(248) 550-1101

brett@brettsmithrealty.com

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

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