Midland, MI 48640,602 Townsend Street

$395,000

$395,000

Est.Price: ?

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Est. payment /mo

7 Baths

4,430 SqFt


SOLD DATE : 07/26/2024

Key Details

Sold Price $395,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,430 sqft

Price per Sqft $89

Subdivision Carpenters Div

MLS Listing ID 61050141846

Sold Date 07/26/24

Full Baths 7

Originating Board Saginaw Board of REALTORS®

Year Built 1913

Annual Tax Amount $7,906

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 77x120

Property Description

THINK BIG ON TOWNSEND! Looking to invest in a multi-family property? This unique 7 unit apartment complex is ready for new ownership. Get ready for the gross rent income of $5,647 per month when fully rented. Featuring more than 4,000 square feet across one bedroom, two bedroom and studio units, this property offers immense potential. Currently 5 out of 7 units are filled. Tenant is responsible for electric and heat. Owner manages lawn care & snow removal. This 77 x 120 lot make the maintenance simple. Call today for more information!

Location

State MI

County Midland

Area Midland

Zoning Residential

Interior

Hot Water Natural Gas

Heating Separate Meters, Steam

Fireplace no

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Structure Type Brick,Wood

Schools

School District Midland

Others

Pets Allowed Yes

Tax ID 141650048

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 Modern Realty
Bought with Keller William Preferred
agent-avatar

+1(248) 550-1101

brett@brettsmithrealty.com

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

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