Thank you
Kevin A Stewart
Stewart Team R E Partners Inc
248-759-5474
Welcome to this incredible investment opportunity. This 7 unit multi family home was remodeled in 2022 and currently has 4 tenants with a potential income of $5,800 a month. Located across the street from St Clair River. Potential cap rate of 8-9%
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Total Baths: 7
Full Baths: 7
Porches: Balcony,Porch
Basement Description: Unfinished
Heating: Forced Air
Heating Fuel: Natural Gas
Year Built: 1995
Building Stories: 2 Story
Total Units: 7
Foundation/Basement: Basement
Architecture: Colonial,Historic
Construction: Vinyl
Sewer: Public Sewer (Sewer-Sanitary)
Community
Lot Size: 0.17
Lot Dimensions: 60.00 x 125
SQ ft: 4564
Subdivision: VILLAGE OF ALGONAC
Financing: Cash,Conventional
Original List Price: $650,000
Possession: At Close
Legal Description: LOT 5 & E 5' OF ALLEY W OF SAID LOT & BEING 125' ON GREEN ST BLK 150 VILLAGE OF ALGONAC SEC 10 T2N R16E
Annual Tax: $6,090
Parcel Number: 74011050444000
At Close
Legal Description: Section: LOT 5 & E 5' OF ALLEY W OF SAID LOT & BEING 125' ON GREEN ST BLK 150 VILLAGE OF ALGONAC SEC 10 T2N R16E
Road Frontage: Paved
# of Bedrooms: 6
# of Bedrooms: 1
School District: Algonac
Water:Community
Sewer:Public Sewer (Sewer-Sanitary)
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Roselawn , Algonac, MI,48001 | $39,900 | -- | -- | -- | 0.12 Acre |
1516 St Clair River , Algonac, MI,48001 | $1,750,000 | 4 | 3 | 4,284 | 1.7 Acres |
Morrow , Algonac, MI,48001 | $147,900 | -- | -- | -- | 8.7 Acres |
Dickinson Island , Algonac, MI,48001 | $159,900 | -- | -- | -- | 0.45 Acre |
116 N Park , Algonac, MI,48001 | $249,000 | 3 | 1.5 | 1,440 | 0.11 Acre |
911 Columbia Street , Algonac, MI,48001 | $133,900 | 3 | 1 | 1,012 | 0.14 Acre |
6123 Pointe Tremble Road , Algonac, MI,48001 | $575,000 | 2 | -- | -- | 1.15 Acres |
102 Delta Drive , Algonac, MI,48001 | $980,000 | 5 | 3.5 | 4,560 | 0.48 Acre |
452 State Street , Algonac, MI,48001 | $179,900 | 2 | 1 | 1,161 | 0.28 Acre |
1129 Mill Street , Algonac, MI,48001 | $279,900 | 3 | 1.5 | 1,148 | 1.9 Acres |
Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.
ByOwner last updated this listing 04/28/2024 @ 05:13
MLS: 600872580
LISTED BY: Kevin A Stewart , Stewart Team R E Partners Inc
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.