About The Property

Solid income producing potential! Currently set up as 3 Units, this building offers a competitive cap rate, making it a great opportunity for an owner occupant or a smart investor. Units 1F & 1R offer 2BR/1BA each, with an open floorplan and hardwood floors. Kitchen and baths feature tasteful espresso cabinets, granite counters, and tile finishes. Unit 2 is a huge 4BR/1BA apartment that occupies the entire second floor! Lots of space for an exercise area, dedicated dining, etc. Forced air heat, separate furnaces. This property can generate $3000+ per month for an investor. Building is zoned for 4 units - top floor combined 2 units together, can be de-converted for 4 legal units! BeingRead MoreRead Less
Courtesy of Compass [email protected]
Listing Snapshot
Days Online
10
Last Updated
Property Type
Two To Four Units
Beds
8
Year Built
1889
MLS Number
MRD12466031
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Additional Details

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Basement
"Unfinished", "Full"
Building
Construction Materials: "Frame", Built in 1889, Rebuilt: No
Heating
"Natural Gas", "Forced Air"
Lot
Dimensions: 25X125
Property
Zoning: MULTI
Sewer
"Storm Sewer"
Utilities
Water Source: "Lake Michigan"
Taxes
Annual Taxes: $2,954, Year: 2023, Exemptions: None
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30 Days Snapshot Of 60617
$212k
+5%
(avg) sold price
30
-14%
homes sold
38
0%
(avg) days on market
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Monthly Payment
$0

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