$135,000
$144,900
6.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
4,791 Sqft Lot
SOLD DATE : 10/12/2021
Key Details
Sold Price $135,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65021097948
Sold Date 10/12/21
Bedrooms 2
Originating Board Greater Regional Alliance of REALTORS
Year Built 1920
Annual Tax Amount $3,239
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 46 x 107
Property Description
Great cash flow potential from these two buildings located on one lot at the center of Wayland's downtown business district. First building is an up/down duplex with new furnace & water heater (2020), plus a waterproof basement system (lifetime warranty transferrable to new owner). Could easily function as a single family or duplex. The main-floor unit of the duplex is 2-bed & 1-bathroom, projected rent of $850. Pretty much ready to go. The upstairs unit is a studio/1-bed & 1-bathroom, projected to rent for $700. As seen in photos, the new owner will need to finish the kitchen & bathroom. 2nd building is a small commercial storefront (320 sqft), previously used as a small dog groomers business. Needs some cleaning and repair. Projected rent $550.
Location
State MI
County Allegan
Area Wayland
Zoning Other
Direction South on 131. Take exit 64 for 135th Ave toward Wayland. Follow W Superior st to 129 E Superior.
Interior
Heating Forced Air, Heat Pump
Fireplace no
Heat Source Heat Pump, Natural Gas
Exterior
Garage Spaces 4.0
Waterfront no
Garage no
Building
Sewer Sewer-Sanitary, Sewer at Street
Water Water at Street, Municipal Water
Structure Type Vinyl
Schools
School District Wayland Union
Others
Pets Allowed Yes
Tax ID 5615000600
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Independence Realty (RSC)
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280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States