$235,000
$235,000
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4 Baths
2,346 SqFt
SOLD DATE : 07/01/2024
Key Details
Sold Price $235,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,346 sqft
Price per Sqft $100
MLS Listing ID 57050143383
Sold Date 07/01/24
Full Baths 4
Originating Board Southeastern Border Association of REALTORS®
Year Built 1953
Annual Tax Amount $3,092
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 109x203x82x203
Property Description
Welcome to this beautiful multifamily home nestled in the heart of Morenci. If you're looking for your next investment property, look no further! This 4-unit home is fully renovated and offers a comfortable 1-bed, 1-bath layout, meticulously updated to ensure modern comfort and style, providing a stable income. The property features smoke-free units that are fully occupied by friendly, quiet, reliable tenants who are very eager to stay. The property includes separate electrical boxes for each unit, with heat, water, and trash covered by the owner simplifying the rental process. Additionally, a convenient coin laundry room is available for tenants, which covers the cost of the water bill. Providing a stable income, these units are ready for you with nothing to do but sign the deed. The large lot offers a multitude of options for future development or enhancement. The expansive space provides ample opportunity for building additional units, significantly increasing the property's income potential. Alternatively, you could create a community play area, a picnic area, or even a garden space to enhance the living experience for your tenants, making the property even more attractive. This property is a robust investment option that can provide a consistant income, and long-term appreciation. If you are looking for an attractive addition to your investment portfolio, don't wait! Contact us today to arrange your private showing!
Location
State MI
County Lenawee
Area Morenci
Interior
Heating Steam
Fireplace no
Heat Source Natural Gas
Exterior
Garage no
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Schools
School District Morenci
Others
Pets Allowed Yes
Tax ID XM0000003400
Ownership Corporate/Relocation,Short Sale - No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Howard Hanna Real Estate Services-Tecumseh
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