1.30 acres | #24048171
Description
Located in popular Western School District, this 12 unit property is available for its new owner operator. Current CAP Rate approx. 11%. Growth potential to drive CAP Rate higher. Each building provides four units. Each unit provides living room, kitchen with appliances, two bedrooms, and one bathroom. Ample parking space for all tenants. 8 units updated in the last year. Large yard area for entertaining. Property offers easy access for eastbound and westbound commuters.
Property Details
- Lot DescriptionLevel
Measurements
- Acres1.3
Construction Details
- Property TypeMulti-Family
- BasementSlab
Condition
- Year Built1978
Utilities / Energy Details
- Utility FeaturesCable Available, Natural Gas Connected, Electricity Connected
- Sewer InformationPublic Sewer
Community and Neighborhood Details
- School DistrictWestern
- CountyJackson
Financial Details
- Original List Price$550,000
- Days on Market (Cumulative)10
Other
- MLS #24048171
Location
Legal
© MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: MichRIC
Listing Courtesy
Listing Agent: Doug Beiswanger (#jx425012)
Listing Office: BNR Real Estate Group (#jx0450)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
