$295,000
$350,000
15.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
3,500 SqFt
SOLD DATE : 08/07/2020
Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type Farmhouse,Upper/Lower Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $84
MLS Listing ID 2200012237
Sold Date 08/07/20
Style Farmhouse,Upper/Lower Apartment
Bedrooms 5
Full Baths 5
Originating Board Realcomp II Ltd
Year Built 1800
Annual Tax Amount $5,700
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 196x88x196x196
Property Description
One of a kind uniqueExcellent turn-key investment opportunity! Hard to find 5 unit rental with historic curb appeal. Many updates, everything has been done to make this an excellent income property. All 5 units are currently rented with 1 year leases. 4 - 1 bed., and 1 - 2 bed. unit, Just take over the current leases/tenants & collect your income. Paved parking spaces, new roof, new mechanical's, (new well pump 6/2019), boiler, hot water tanks, sump pump., appliances (stoves /Refrigerators), roof, exterior, porch & stairs, windows, sidewalks, whole building water conditioning system, etc. Lots of prime road frontage on M-24 across from commercial. Great location, easy access to all major commute routes. All units have private entrances, kitchen, bath, bedroom, & living area. The charm & character of this historic building remains. Large private yard. High speed internet, cable & phone available. Current owner licensed Real Estate Agent. BATVAI
Location
State MI
County Oakland
Area Oxford Twp
Zoning Multi-Family
Direction M24 (Lapeer Rd.) N. to Corner of Thomas ans M24
Rooms
Basement Private, Unfinished
Interior
Interior Features Cable Available, Carbon Monoxide Alarm(s), High Spd Internet Avail, Utility Smart Meter, Water Softener (rented)
Hot Water Electric, Separate Meters
Heating Baseboard, Hot Water, Zoned
Cooling Ceiling Fan(s), Separate Meter
Fireplace no
Heat Source Electric, Natural Gas
Exterior
Exterior Feature Awning/Overhang(s), Outside Lighting, Private Entry
Garage Spaces 8.0
Waterfront no
Roof Type Asphalt,Composition
Road Frontage Gravel, Paved
Garage no
Building
Foundation Basement, Michigan Basement
Sewer Septic-Existing
Water Community, Well-Existing
Architectural Style Farmhouse, Upper/Lower Apartment
Level or Stories 2 Story
Structure Type Stone,Vinyl
Schools
School District Oxford
Others
Pets Allowed No
Tax ID 0405276002
Ownership Private Owned,Short Sale - No
Acceptable Financing Cash, Conventional
Rebuilt Year 2009
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Max Broock, REALTORS-Birmingham
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "