$218,000
$210,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
0.38 Acres Lot
SOLD DATE : 10/10/2024
Key Details
Sold Price $218,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Coldwater City
MLS Listing ID 24047340
Sold Date 10/10/24
Year Built 1940
Annual Tax Amount $3,363
Tax Year 2024
Lot Size 0.380 Acres
Acres 0.38
Lot Dimensions 100x166
Property Description
Amazing income-generating property, featuring three units, each with its own private entrance. This versatile property is perfect for investors or homeowners looking to offset their mortgage by renting out the additional units. The spacious main-floor unit boasts two generously sized bedrooms, a full bathroom, a kitchen, a dining room, and a comfortable living room. Additional features include a garage/storage space and a charming front porch, perfect for relaxing. Upstairs, the second-floor unit offers two bedrooms, a full bathroom, and a combined living/dining area. Step out onto the private balcony and take in views of the expansive yard below. The back unit, offering two bedrooms, a full bathroom, and a kitchen/dining area, provides even more rental potential. All three units are currently leased, generating immediate income. Rent rates are $750, $650, and $450 per month. Outside, you'll enjoy a large, well-maintained yard with plenty of parking for tenants and guests. This property is ideally located in the heart of Coldwater, combining convenience with investment potential. Whether you're looking to live in one unit and have the others cover your mortgage, or seeking a solid investment opportunity, this property is not to be missed. Call today to schedule your private showing and seize this fantastic opportunity!
Location
State MI
County Branch
Area Branch County - R
Direction US 12 East, Left to go North on Marshall Street, Left on Grand Street to sign on right side of road.
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplaces Number 1
Exterior
Garage Driveway, Gravel
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available, Broadband
Waterfront No
View Y/N No
Roof Type Composition
Street Surface Paved
Parking Type Driveway, Gravel
Total Parking Spaces 6
Building
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Coldwater
Others
Tax ID 303-000-000-807-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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