$680,000
$799,000
14.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Acres Lot
SOLD DATE : 11/23/2015
Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Paw Paw Twp
MLS Listing ID 13014222
Sold Date 11/23/15
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1975
Annual Tax Amount $15,557
Tax Year 2013
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 129' x 183'
Property Description
Below market 36-Unit multi-family investment opportunity! Priced at $22,200/unit gives a buyer incredible upside! Each unit separately metered for electric and electric heat, at tenant's sole expense. Community is currently 86% leased. Seller has 2011 - 2013 Historical Operating Data and current rent roll, with the execution of an NDA.
Location
State MI
County Van Buren
Area Greater Kalamazoo - K
Direction Located on CR665 between 51st & 52nd Avenue.
Rooms
Basement Full
Interior
Heating Baseboard, Electric
Cooling Window Unit(s)
Fireplaces Number 2
Exterior
Parking Features Paved
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 72
Building
Sewer Public Sewer
Structure Type Wood Siding,Vinyl Siding
Schools
School District Paw Paw
Others
Tax ID 801400104000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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