About The Property

Back on the Market - Buyer's Financing Fell Through! Here's your chance to own one of the few 4-unit buildings to hit the market in this area in nearly two years! This solid brick, turn-key 4-unit building sits on an oversized lot and is already producing strong, reliable cash flow. Each unit features 2 bedrooms and 1 bathroom, renting at 1,600/month. Three units are fully leased and generating steady income - the owner's unit is currently available, offering flexibility to move in, rent traditionally, or convert to a furnished Airbnb for even greater returns. Major rehab completed in 2020/2021 (with some permits) includes:Read MoreRead Less
Courtesy of RE/MAX Premier [email protected]
Listing Snapshot
Days Online
6
Last Updated
Property Type
Two To Four Units
Beds
8
Year Built
1910
MLS Number
MRD12334196
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Additional Details

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Basement
"Unfinished", "Full"
Building
Construction Materials: "Brick", Built in 1910, Rebuilt: No
Heating
"Natural Gas"
Lot
Dimensions: 36X125
Parking
Parking Total: 2, "On Site"
Sewer
"Public Sewer"
Utilities
Water Source: "Lake Michigan"
Taxes
Annual Taxes: $5,714, Year: 2023
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30 Days Snapshot Of 60651
$510k
+42%
(avg) sold price
6
-50%
homes sold
38
-44%
(avg) days on market
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Monthly Payment
$0

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