About The Property

Rare opportunity to acquire a professionally managed and exceptionally well-maintained 4-unit investment property featuring an additional garden/in-law unit and a 4-car garage. This income-producing asset offers strong cash flow with significant rental income (over $9000 a month) and a proven history of reliable, long-term tenants who consistently on time with their rent. The property consists of a spacious 3-bedroom unit renting for $1,900/month, a 1-bedroom unit renting for $1,350/month, two 2-bedroom units renting for $1,700/month and $1,750/month, and a lower-level 3-bedroom garden/in-law unit currently rented for $1,800/month. Additional income is generated from 4 garage spaces ($550 a month) and on-site laundry facilities, which average approximately $200 per month. TenantsRead MoreRead Less
Courtesy of HomeSmart Connect LLC [email protected]
Listing Snapshot
Days Online
2
Last Updated
Property Type
Two To Four Units
Beds
11
Year Built
1973
MLS Number
12695230
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Additional Details

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Basement
"Finished", "Full", "Walk-Out Access"
Building
Architectural Style: "Other", Construction Materials: "Brick", Built in 1973, Rebuilt: No
Exterior Features
Patio: "Porch", Features: "Balcony"
Garage
4 spaces
Heating
"Natural Gas", "Baseboard"
Lot
Features: "Landscaped", Dimensions: 58X149
Parking
Parking included in price, Parking Total: 4, "Garage Door Opener", "Yes", "Garage Owned", "Detached", "Garage"
Property
Zoning: MULTI
Roof
"Asphalt"
Sewer
"Public Sewer", "Overhead Sewers"
Utilities
Water Source: "Lake Michigan"
Taxes
Annual Taxes: $16,647, Year: 2024, Exemptions: Homeowner
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30 Days Snapshot Of 60513
$431k
+9%
(avg) sold price
12
-36%
homes sold
30
+3%
(avg) days on market
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Monthly Payment
$0

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