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Key Details
Sold Price $330,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Midland
MLS Listing ID 22041313
Sold Date 11/04/22
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1975
Annual Tax Amount $5,533
Tax Year 2022
Lot Size 0.275 Acres
Acres 0.28
Lot Dimensions 75x160
Property Description
Welcome to 4901 Hedgewood Dr! This well-maintained 4 unit multifamily home is ready for it's new owner(s)! This building has 2, 2 bed 1 bath units (units 1&2), 1, 1 bed 1 bath unit (unit 3), and 1, Executive studio (unit 4). Units 1,2 and 4 have their own washer and dryer. Other great updates include new roof in 2021, updated Trex decking on all decks, 2 mini split AC units, vinyl plank flooring plus so much more! A portion of the garage is reserved for unit 4 and the other 2/3 of the garage is rented at $190 per month to another client that doesn't stay on the residence. The seller pays for all utilities. Some units are far under market rent - what a great opportunity to reposition the building to its max earning potential! A must see to appreciate! 48-hour notice needed for showings.
Location
State MI
County Midland
Area Outside Michric Area - Z
Direction E on W Saginaw Rd from N Meridian Rd, N on Hedgewood, Building in on the left side of street.
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Natural Gas
Cooling Wall Unit(s), Central Air
Fireplaces Number 1
Exterior
Garage Paved
Waterfront No
View Y/N No
Roof Type Composition
Street Surface Paved
Parking Type Paved
Total Parking Spaces 12
Building
Sewer Public Sewer
Structure Type Aluminum Siding
New Construction No
Schools
School District Midland
Others
Tax ID 14-06-50-116
Acceptable Financing VA Loan, FHA, Cash, Conventional
Listing Terms VA Loan, FHA, Cash, Conventional
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United Country Midwest Lifestyle Properties
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