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Key Details
Sold Price $120,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,716 sqft
Price per Sqft $44
Subdivision Mi
MLS Listing ID 50066608
Sold Date 04/22/22
Style 2 Story
Bedrooms 6
Full Baths 4
Year Built 1900
Annual Tax Amount $4,297
Tax Year 2021
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 213 x 125
Property Description
Fantastic investor opportunity in the quaint village of St. Charles. This 4-unit rental property currently brings in over $1900 in rent monthly. Each tenant pays electricity separately. Water and sewer are paid by the landlord and averages only $65 monthly. Estimated cap rate on this property is over 12% annually. The roof is approximately 5 years old and vinyl siding is approximately 12 years old. Call today!
Location
State MI
County Saginaw
Area Saint Charles (73040)
Zoning Residential
Interior
Interior Features Cable/Internet Avail.
Heating Baseboard, Boiler, Electric Heat
Cooling Ceiling Fan(s)
Fireplace No
Appliance Range/Oven, Refrigerator
Exterior
Exterior Feature Vinyl Siding
Building
Story 2 Story
Foundation Crawl
Water Public Water
Structure Type Vinyl Siding
Schools
School District St Charles Community Schools
Others
Ownership Private
SqFt Source Public Records
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Re/max TriCounty