$152,500
$169,900
10.2%For more information regarding the value of a property, please contact us for a free consultation.
10,019 Sqft Lot
SOLD DATE : 03/15/2022
Key Details
Sold Price $152,500
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Summit Twp
Subdivision Brookline
MLS Listing ID 22001615
Sold Date 03/15/22
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1940
Annual Tax Amount $1,711
Tax Year 2021
Lot Size 10,019 Sqft
Acres 0.23
Lot Dimensions 60x127x125x35x62x95
Property Description
Original Owner 4 Unit in Summit Township, situated on 2 Lots with frontage on 21st St and W Franklin. Large parking area in front of home. Each Unit offers 1BR, 1BA, Living Room & Kitchen with appliances and rents for $450 per unit each month, current leases are month-to-month. Long term tenants who would love to stay,. Generating $21,600 in gross income, Net Operating Income $15,908. A large full basement provides Utility Room, Workshop and storage for owner. Basement offers washer & dryer hook-up, new owner could add coin operated washer/dryer for additional revenue. Great investment opportunity, this has been in the same family for 3 generations and has been meticulously cared for. New Membrane Roof installed in 2019. BATVI
Location
State MI
County Jackson
Area Jackson County - Jx
Direction Between Carlton & W Franklin
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling None
Fireplaces Number 1
Exterior
Parking Features Concrete, Driveway, Paved
View Y/N No
Roof Type Rubber
Topography {Level=true}
Street Surface Paved
Total Parking Spaces 4
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Jackson
Others
Tax ID 115-13-04-129-092-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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