Other, MI 48451,1215 N BRIDGE STREET

$263,000

$329,900

20.3%
Est.Price: ?

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Est. payment /mo

1.5 Acres Lot


SOLD DATE : 02/29/2016

Key Details

Sold Price $263,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 5002306851

Sold Date 02/29/16

Originating Board East Central Association of REALTORS®

Year Built 1967

Lot Size 1.500 Acres

Lot Dimensions 65340

Property Description

Investment opportunity! 8 units on 1.5 acres in Linden Schools. 4/1 bedroom units and 4/2 bedroom units. Two of each unit, in each building. With Kitchen appliances and 7 currently leased. Units set up for stackable washer/dryer, but not included. 28x32 Garage/barn on property for storage or possible extra income as seasonal storage (rental for boats etc.) Each Building with a basement for extra storage. There may also be potential room to expand here. Rents vary but average $550/1 bedroom and $625/2 bedroom. Tenants pay electric and gas, currently landlord pays city water/sewer, but units are separately metered, so that could change. Needs some TLC and that is why the price is so low.

Location

State MI

County Genesee

Area Linden

Zoning Commercial

Exterior

Road Frontage Paved

Building

Sewer Sewer-Sanitary

Water Other/None

Schools

School District Linden

Others

Tax ID 6117300008

SqFt Source Estimated

Financing Cash,Net Lease

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Realcomp MLS
Listed by Catherine DuBois of Vision Realty Centers

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JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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