$315,000
$340,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,816 SqFt
SOLD DATE : 09/11/2023
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,816 sqft
Price per Sqft $111
Subdivision A/P Schuster
MLS Listing ID 20230065361
Sold Date 09/11/23
Style Colonial
Bedrooms 4
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1967
Annual Tax Amount $5,403
Lot Size 0.560 Acres
Acres 0.56
Lot Dimensions 80.00 x 150.00
Property Description
Presenting a fantastic 4-unit property, each boasting 1 bedroom and 1 full bathroom, nestled within a charming residential enclave. The upper units shine with recent updates including new carpeting and fresh paint throughout, extending to the hallways. A full basement stands ready with dedicated laundry facilities and ample storage tailored to each unit's needs. A walk away from the water, this residential neighborhood property promises a peaceful living environment. With all four units currently occupied, this investment gem guarantees a steady stream of attractive rental income. Seize the opportunity to own a lucrative piece of real estate in this thriving area. The gross rental income $3468 monthly and tenants are billed back for all utilities so the landlord has no responsibility. Majority of tenants are long term and all are on 12 month leases for guaranteed income and the property has zero delinquency.
Location
State MI
County Macomb
Area New Baltimore
Zoning Multi-Family,Residential
Direction Green St To North On Ashley To South On Hathaway
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Baseboard
Cooling Central Air
Heat Source Natural Gas
Exterior
Pool No
Roof Type Asphalt
Road Frontage Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick,Vinyl
Schools
School District Anchor Bay
Others
Pets Allowed Yes
Tax ID 0913276010
Ownership Short Sale - No,Private Owned
Assessment Amount $24
Acceptable Financing Cash, Conventional
Rebuilt Year 2023
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Pilot Property Group - Residential LLC