$165,000
$165,000
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6 Beds
3 Baths
3,600 SqFt
SOLD DATE : 04/14/2017
Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $45
MLS Listing ID 58031300156
Sold Date 04/14/17
Style Colonial
Bedrooms 6
Full Baths 3
Originating Board MiRealSource
Annual Tax Amount $4,448
Lot Dimensions irregular
Property Description
Looking for a money maker? Looking for a large return on your investment? Well than look no further!! This is a 3,600 sq feet full masonry building priced well below the appraised value. Offering 3 units, w/ 2 bedrooms & 1 full bath in each. In addition, the building has a large detached garage w/ all utilities (water, sewer, gas and electric) w/ a large bonus room above! This is truly a great find! Rent it all out or live in one unit & rent the other two. Net Profit Cap Rate approximately 11%. Land Contract Terms: 20% down, 6% interest, amortized over 30 years, 5 year balloon.
Location
State MI
County St. Clair
Area St. Clair Twp
Direction N of Yankee, E of River Rd
Interior
Heating Forced Air, Other
Fireplace no
Exterior
Garage yes
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District East China
Others
Pets Allowed Yes
Tax ID 74308000022000
SqFt Source Estimated
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Bought with Coldwell Banker Weir Manuel-Macomb
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