New fenceUpdated unitsCoin-operated laundryNewer windowsNew guttersUpdated led lighting
MOXIE Multifamily is pleased to exclusively offer this updated 4-unit apartment building for sale -- perfectly positioned for your next rental investment. The property features three 2-bedroom units and one 1-bedroom unit. Significant renovations include updated units, newer windows, new gutters, a new fence, and updated LED lighting, offering investors a well-maintained asset with reduced near-term capital expenditure needs. Additional amenities include coin-operated laundry and individual storage units. Electrical is individually metered; the owner currently covers heat (boiler), water/sewer, and trash. With rents below market, there is a clear value-add opportunity as leases expire. Implementing a RUBS program offers further upside by recapturing utility expenses. Whether you're seeking a house hack, 1031 exchange, cost segregation opportunity, or a solid rental investment -- this property checks all the boxes. Don't miss this great addition to your portfolio.
21 days
|
890
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62
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Zillow last checked:
Listing updated:
Listed by:
Shawn Jacobs989-980-7359,
MOXIE Real Estate + Development616-890-7794,
Kyle J Kimble616-706-6086,
MOXIE Real Estate + Development
Source: MichRIC,MLS#: 26032644
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Heating
Hot Water
Cooling
Window Unit(s)
Appliances
Laundry: Laundry Room
Features
Basement: Full,Other
Interior area
Total interior livable area: 3,250 sqft
Property
Parking
Total spaces: 4
Lot
Size: 0.29 Acres
Dimensions: 2 x 150
Details
Parcel number: 411715254003
Zoning description: R-4
Construction
Type & style
Home type: MultiFamily
Property subtype: 2 to 4 Units
Materials
Brick
Roof: Composition
Condition
New construction: No
Year built: 1967
Utilities & green energy
Utilities for property: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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