Bedford Twp, MI 48182,1914 W Smith Road

$281,900

$284,900

1.1%
Est.Price: ?

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Est. payment /mo

3 Baths

3,040 SqFt


SOLD DATE : 09/17/2024

Key Details

Sold Price $281,900

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,040 sqft

Price per Sqft $92

MLS Listing ID 57050149078

Sold Date 09/17/24

Full Baths 3

Originating Board Southeastern Border Association of REALTORS®

Year Built 1924

Annual Tax Amount $3,404

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 107x396

Property Description

Prime Investment Opportunity in Bedford, MI "“ Multi-Unit Rental Property *** This beautifully remodeled property at 1914 Smith Rd. in Temperance, MI, offers a total of 3,040 sq ft of rentable space, including a main house and two additional apartments. Perfect for the savvy investor, this property is designed to generate substantial rental income from all three units. The main house features three bedrooms and one bathroom within its 1,328 sq ft. Located just behind the main house, the two additional apartments are already generating steady rental income. The downstairs unit offers one bedroom and one bathroom, while the upstairs unit includes two bedrooms and one bathroom. Each apartment is fully equipped with a range/oven, refrigerator, air conditioning, separate washer/dryer hookups, and a storage shed. One of the key advantages of this property is the separate electrical boxes, gas, and water meters for each unit, simplifying the rental process and providing clear utility management for the tenants. Currently, both apartments are occupied by friendly, reliable tenants who are eager to stay, ensuring immediate and consistent rental income. This Bedford property is a rare find, combining a desirable location, excellent condition, and significant rental potential. Whether you are looking to rent out all three units or live in one while renting the others, this investment offers flexibility and substantial financial rewards. The investment property you've been searching for is now just one call away!

Location

State MI

County Monroe

Area Bedford Twp

Zoning Residential

Interior

Heating Baseboard, Forced Air, Separate Meters, Steam

Cooling Ceiling Fan(s), Central Air, Wall Unit(s)

Fireplace no

Heat Source Natural Gas

Exterior

Garage no

Building

Foundation Slab, Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Schools

School District Bedford

Others

Pets Allowed Yes

Tax ID 0203304500

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

Financing Cash,Conventional,VA

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Realcomp MLS
Listed by Kimberly Carey of NextHome Elevate in Temperance
Bought with Wiens And Roth Real Estate - Lambertville
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