$150,000
For Sale

114 Irwin Avenue

Albion, MI 49224
Browse 30 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

SELLER WILLING TO DO OWNER FINANCING. Impeccably maintained duplex boasting old world charm and updated modern amenities. From the moment you walk in, you are greeted by vaulted ceilings, beautiful hardwood flooring, large windows allowing for spacious sun filled rooms where shadows dance from the towering oak trees outside. The corner lot is large and situated among other large estates on Irwin Avenue boasting manicured yards and pride of ownership. This incredible property has vinyl siding, new furnaces, separated utilities with exception of water and long term tenants who are stable and pay rent on time. The upstairs had a total remodel in 2020 and downstairs is tastefully done with happy tenants. Cash flow is king with rents at $850 for the lower unit and $800 upstairs. Based on rental comparables, rents have room for improvement. If you are looking for a turn key, solid investment with strong cash flow, this property is a very strong contender.

  • Interior Details
      • HeatingForced Air
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1900
  • Community and Neighborhood Details
      • ZoningResidential
      • CountyCalhoun
      • School DistrictAlbion
      • RegionAlbion
  • Financial Details
      • Original List Price$150,000
  • Other
      • MLS #65024026154

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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