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 Property Type 2 to 4 Units
 Parcel # 200-000-010-020-00
 County Eaton
MLS Public Remarks  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.
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Phone: 248-304-6700
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  • Township  Charlotte City
  • Directions  N Cochran Ave south to E. Stoddard, east to property.
  • Fin Below Grd SqFt  0
  • Total Fin SqFt  0
  • Price/SqFt  $62
  • Unfinished SqFt  0
  • Above Grade Finished SqFt  0
  • CDOM  56
  • Sub Property Type  2 to 4 Units
  • Year Built  1920
  • Days on Market  92
  • Land Assessment  -
  • Improvements  -
  • Net Taxes  $2944
  • Acreage  0.08
  • Taxes  $2944.0
  • Tax Year  2024
  • Summer Taxes  -
  • School District  Charlotte
  • Winter Taxes  -
  • Lower Level Square Footage  0
  • Waterview  N
  • Number of Units  3
  • Waterfront  N
  • For Lease/Rent  N
  • Est. Total Acres  0.08
  • Lot Dimensions  Unknown
  • WaterFrontage   0
  • Heating  Baseboard, Forced Air, Natural Gas
  • Basement  N
  • Heating  Baseboard, Forced Air, Natural Gas
  • Garage  0.0
  • Basement details  Full
  • Sewer  Public Sewer
  • Parking Desc  Driveway, Gravel
  • Garage Desc  Driveway, Gravel
  • Terms/Misc.  Cash, Conventional
  • Possession  Close Of Escrow
  • Exterior Materials  Block, Vinyl Siding
  • Status Change Date  04/22/2024
  • Listing Date  04/09/2024
  • Internet/IDX  Y
  • Pending Date  04/17/2024
  • Co-Listing Agent Name  Dontay Robertson
  • Named Exceptions  N
  • Listing Office   Nucon Realty, Llc
  • Office Address   4928 Wakefield Ave Ne
  • Listing Number   24016607

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