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$ 324,900
Est. payment | /mo
5 Baths
6,098 Sqft Lot
$ 324,900
Est. payment | /mo
5 Baths
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 50176119
Year Built 1932
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 60 x 98.73
Source MiRealSource
Property Description
5 unit apartment building with sought after cash flow. The unit includes: 1- 4 bedroom unit with 2 baths, 3 - 2 beds with 1 bath, 1 - 1 bedroom & bath. Gas & electric is separate in each unit. Building has 1 water line with 1 meter but if you bring in 4 additional water lines each unit would be able to be metered separately. Each unit has it's own hot /cold water lines & water heater. This building is in a R1 Zone. Gross rents are $5,450 monthly and increases to $5,730 July 1 2025. Long term tenants that pay rent in a timely manner when it is due on the 1st of the month. No tenants are in arrears for rent. Coin washer & dryer is on the premises. All units are currently occupied so 24 hr notice is required. Unit #1 rent is $1,150 monthly, #2 $850 (1,150 July 1, 2025) #3 $1,000, #$4 $1,150,
Location
State MI
County St. Clair
Area St. Clair County - 90
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Block
Others
Acceptable Financing Cash
Listing Terms Cash
Listed by Community Choice Realty Inc.
GET MORE INFORMATION
Shyanne Queen
Associate Broker/Team Lead | License ID: 6506049089
+1(616) 610-2005 | shyannesoldit@gmail.com