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415 W State Street Corunna, MI 48881-7
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Key Details
Sold Price $109,900
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,268 sqft
Price per Sqft $48
Subdivision Mi
MLS Listing ID 50067567
Sold Date 04/22/22
Style 2 Story
Bedrooms 6
Full Baths 3
Year Built 1910
Annual Tax Amount $2,628
Tax Year 2020
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 102 x 145
Property Description
Excellent investment opportunity! This 3-unit apartment building brings in $1500 per month in rent. All units are occupied and have a good pay history. Tenant in unit 1 handles lawn care and snow removal as a part of her rent so regular maintenance is kept to a minimum. Electric and gas are separate and paid by tenants. Water, sewer, and trash are paid by landlord and average $220 per month total. Estimated annual cap rate at the asking price is 9.8%. Call today for more information.
Location
State MI
County Shiawassee
Area Corunna (78017)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Appliance Range/Oven, Refrigerator
Exterior
Exterior Feature Wood
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Wood
Schools
School District Corunna Public School District
Others
Ownership Private
SqFt Source Public Records
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Bought with Keller Williams First
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