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Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Hastings
MLS Listing ID 19006563
Sold Date 05/24/19
Year Built 1979
Annual Tax Amount $9,998
Tax Year 2018
Lot Size 1.330 Acres
Acres 1.33
Lot Dimensions Irregular
Property Sub-Type 5+ Units
Source Michigan Regional Information Center (MichRIC)
Property Description
This 16 unit investment opportunity has performed consistently for Seller for the last 10 years. Under-market rents leave room for upside. Seller has made considerable investment in all new roofs and siding in the last few years. Turn-key cash flow for any passive investor. Financials available upon request.
Location
State MI
County Barry
Area Grand Rapids - G
Direction Locaed on E. North Street between Michigan & East
Rooms
Basement Slab
Interior
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Fireplaces Number 2
Exterior
Parking Features Paved
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 24
Building
Sewer Public Sewer
Structure Type Brick,Vinyl Siding
New Construction No
Schools
School District Hastings
Others
Tax ID 08155505506510
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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