$60,257
$50,000
20.5%For more information regarding the value of a property, please contact us for a free consultation.
0.5 Acres Lot
SOLD DATE : 01/10/2020
Key Details
Sold Price $60,257
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65019058380
Sold Date 01/10/20
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1900
Annual Tax Amount $1,820
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 198 x 110
Property Description
AGGRESSIVELY PRICED - CASH TERMS ONLY! Downtown Orleans, Ionia County - 2 buildings, 5 units, currently renting 4...unit #5 is gutted and needing rehab. 4 units currently renting at $2,037 per month including (3) $20 pet fees. Large attached 4+ car pole building/shop currently for personal use but could be additional rental source - has 3 phase power. Utilities set up with 4 separate gas and electric meters - tenants pay electric and gas. 1 well and 1 septic services all units - see county record information on MLS. 48 hours required to show to allow for tenant notification with proof of cash funds available. No for sale sign on site. Excellent ROI - location and improvements that may be needed have been compensated in price.
Location
State MI
County Ionia
Area Orleans Twp
Zoning Other
Direction M44 east of Belding to Orleans Rd., south to Depot St, left/east property on south side - no sign.
Interior
Interior Features Cable Available
Heating Wall/Floor Furnace
Fireplace no
Heat Source LP Gas/Propane
Exterior
Garage Spaces 8.0
Roof Type Composition,Metal,Other
Road Frontage Paved
Garage no
Building
Foundation Crawl, Slab, Michigan Basement
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Aluminum,Wood
Schools
School District Belding
Others
Pets Allowed Yes
Tax ID 12015000013000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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