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Key Details
Sold Price $160,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,040 sqft
Price per Sqft $78
Subdivision Mi
MLS Listing ID 50073118
Sold Date 06/20/22
Style 2 Story
Bedrooms 4
Full Baths 4
Year Built 1900
Annual Tax Amount $2,789
Tax Year 2021
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 66 x 123
Property Description
Fantastic investment opportunity! 11% cap rate. This 4-unit apartment in the village of St. Charles brings in $2400 per month when fully rented. It has been meticulously maintained. Updates include siding, Anderson windows, flooring, new porches, sidewalks, copper plumbing, some electrical, LED lighting, insulation, and much more. The seller is in the process of replacing the roof also. The property also features 4 storage units that he rents out for $50 per month each. 2 of the 4 units are currently occupied. The other 2 are being turned and will be rented out shortly. Open House, Saturday, May 7: noon - 2 p.m. Call for your showing today.
Location
State MI
County Saginaw
Area Saint Charles (73040)
Zoning Residential
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Window Unit(s)
Fireplace No
Appliance Dryer, Range/Oven, Refrigerator, Washer
Exterior
Exterior Feature Vinyl Siding
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District St Charles Community Schools
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with KW Professionals
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