$475,000
$579,000
18.0%For more information regarding the value of a property, please contact us for a free consultation.
8,800 SqFt
SOLD DATE : 09/14/2022
Key Details
Sold Price $475,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,800 sqft
Price per Sqft $53
Subdivision Mi
MLS Listing ID 60087062
Sold Date 09/14/22
Annual Tax Amount $6,145
Lot Size 1.960 Acres
Acres 1.96
Lot Dimensions 330x258
Property Description
Great investment property. 11 units (3 -1 bedroom units $500-550 and 8 -2 bedroom units $600-650). Property manager lives in 1 -1 bedroom unit at this time. He cares for lawn, minor maintenance, etc. Tenants pay gas/electric which are on their own meters. Seller pays gas/electric for outdoor lights/laundry, water, garbage, Orkin & snow removal. In the last 3 years, 3 stoves and 2 refrigerators have been replaced. EXCLUDES: riding lawn mower
Location
State MI
County Saginaw
Area Merrill (73037)
Zoning Multi-Family,Commercial
Interior
Heating Forced Air
Exterior
Waterfront No
Roof Type Asphalt
Building
Foundation Slab
Water Public Water
Structure Type Brick,Log
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with Coldwell Banker Professionals