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Key Details
Sold Price $84,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 802 sqft
Price per Sqft $104
Subdivision Gargett Addition
MLS Listing ID 79080052058
Sold Date 11/22/24
Style Duplex
Originating Board Central Michigan Association of REALTORS®
Year Built 1960
Annual Tax Amount $2,279
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 91 x 41
Property Sub-Type Duplex
Property Description
Turnkey 2-Story Duplex with Strong Rental History Great investment opportunity! This well-maintained 2-story duplex has a solid rental history with one unit upstairs and another on the first story. The current downstairs tenant pays $700 per month, while the upstairs tenant pays $585. Each tenant handles their own water, sewer, trash, electric, and natural gas utilities, making it an easy property to manage. Landlord is responsible for lawn care and snow removal. There is a 2-car detached garage for landlord storage, or a possible additional income source to be rented for the new owner. The property boasts a cozy covered porch, and benefit from recent upgrades, including new water heaters and electrical panels installed in 2023. The property is being sold subject to tenants’ rights, and the seller is a licensed real estate broker in the State of Michigan. Don’t miss this opportunity to add a dependable income property to your portfolio!
Location
State MI
County Gratiot
Area Alma
Zoning Multi-Family,Residential
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Porch Porch
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 2 Story
Structure Type Wood
Schools
School District Alma
Others
Pets Allowed Yes
Tax ID 5134301600
Ownership Corporate/Relocation
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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