$188,000
$217,000
13.4%For more information regarding the value of a property, please contact us for a free consultation.
2,448 SqFt
SOLD DATE : 12/19/2024
Key Details
Sold Price $188,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,448 sqft
Price per Sqft $76
Subdivision Mi
MLS Listing ID 70441205
Sold Date 12/19/24
Year Built 1900
Annual Tax Amount $1,574
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 50 x 80.68
Property Description
This four-unit apartment complex presents an excellent investment opportunity. Each unit is equipped with its own electric meter, simplifying the management of individual tenant utility costs since tenants pay their own electricity bills. The building features central heating, with the cost covered by the owner, a desirable trait that draws tenants. Consider living in one unit and letting the property generate your income.The complex includes a communal laundry room. It's situated in a robust rental market, close to amenities, offering a stable investment with consistent income potential. The well-kept building promises high occupancy rates and reliable rental revenue. For a property viewing, reach out to Herb & Diane Bishop at (269) 223-1497.
Location
State MI
County Calhoun
Area Battle Creek (13003)
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Wood
Building
Lot Description Sidewalks
Foundation Basement
Water Public Water
Structure Type Wood
Schools
School District Battle Creek Public Schools
Others
Energy Description Natural Gas
Acceptable Financing FHA
Listing Terms FHA
Financing Cash,Conventional,FHA
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