MI > Eaton > Charlotte > 116 E Stoddard Street

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116 E Stoddard Street Map / directions

Charlotte, MI

48813 Market info

  • 3 Units
  • MLS# 24016607
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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

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Exceptional Investment Opportunity: Three-Unit Property Generating Strong Cash Flow. Achieving an impressive 9.62% CAP RATE with a Net Operating Income (NOI) of $16,071, this property comprises two townhouse-style units featuring 3 beds and 1.5 baths each, alongside a one-bedroom, one-bathroom unit (upper rear access). All units are well-maintained and currently occupied, presenting a lucrative income stream. While the property requires minor exterior repairs, it offers substantial potential for long-term growth. For further details, please contact the broker. Serious inquiries from qualified investors are welcome. Note: Tenant rights are in place.

Property Information

Status
Active 
Address
116 E Stoddard Street 
City
Charlotte 
Zip
48813 
Year Built
1920 
Possession
Close Of Escrow 
County
Eaton 
Total No of Units

School Information

School District
Charlotte 

Taxes

Taxes
$2,944 

Rooms and Land

Lot Description
Level,Sidewalk 
Lot Dimensions
Unknown 
Total Acres
0.08 

Features

Basement
Full 
Heating
Baseboard, Forced Air, Natural Gas 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
24016607 May 6 2024 10:42AM $167,000 $181,225 68
24016607 Active Pending Apr 22 2024 1:10PM 68
24016607 Pending Active Apr 17 2024 5:09PM 68
24016607 Active Apr 9 2024 3:31PM $181,225 68
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MISWMRIC Logo

Listing Courtesy of Nucon Realty, Llc
Office Address 4928 Wakefield Ave Ne
Listing Agent Ryan Kelley

116 E Stoddard Street Charlotte
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$167,000
For Sale • No. of Units: 3