$145,000
$188,000
22.9%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
0.52 Acres Lot
SOLD DATE : 03/09/2021
Key Details
Sold Price $145,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 69020024420
Sold Date 03/09/21
Bedrooms 4
Originating Board Southwestern Michigan Association of REALTORS®
Year Built 1973
Annual Tax Amount $4,359
Lot Size 0.520 Acres
Acres 0.52
Lot Dimensions 150x150
Property Description
Great investment opportunity. Four desirable, well planned rental units in two duplexes. Each unit has it's own sliding glass door to private patio. Located on a quiet street one block from schools, three blocks from Lake-of-the-Woods Village Beach and Park, and five blocks from downtown. Long term tenants. One building has a 1380 sq ft full basement. Cash flow from three of the units can generate enough income for a resident owner to live rent-free in the fourth unit.
Location
State MI
County Van Buren
Area Decatur Vlg
Direction M-51 to Phelps to Pine Street to Lee
Interior
Interior Features Cable Available
Heating Baseboard, Forced Air
Fireplace no
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 6.0
Waterfront no
Roof Type Composition
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Water at Street, Public (Municipal)
Structure Type Aluminum
Schools
School District Decatur
Others
Pets Allowed Yes
Tax ID 804304501850
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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