$640,000
$668,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Baths
4,217 SqFt
SOLD DATE : 08/06/2024
Key Details
Sold Price $640,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,217 sqft
Price per Sqft $151
Subdivision Mi
MLS Listing ID 60323921
Sold Date 08/06/24
Style 2 Story
Full Baths 4
Year Built 1945
Annual Tax Amount $12,167
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 60.00 x 172.00
Property Description
Charming, hard to find four family investment property in Rochester. Enjoy a short walk to town where you will find a delightful blend of historic charm and modern vibrancy. Here, you’ll find more than 350 shops to explore. Very unique, well maintained 4-unit complex with additional 3 car garage and separate laundry/out building that has development potential. All units have private entrances, are one bedroom/one bath and are spacious at 900 sq. ft.. Each unit offers a different floor plan and unique characteristics. The complex has many updates to include: newer HVAC systems, updated Pella windows, refinished hardwood floors, appliances, cabinets and full cement driveway. All units are currently occupied have an excellent rental history. Current rates are under market value and the new owner has an opportunity to increase ROI. Please do not approach the tenants. Finacial documents available in documents.
Location
State MI
County Oakland
Area Rochester (63152)
Zoning Multi-Family
Rooms
Basement Block, Common
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Aluminum
Amenities Available Laundry Facility, Private Entry
Waterfront No
Building
Story 2 Story
Foundation Basement, Crawl
Water Public Water
Structure Type Aluminum
Schools
School District Rochester Community School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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