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4901 Hedgewood Drive Midland, MI 48640
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Key Details
Sold Price $330,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70284275
Sold Date 11/04/22
Year Built 1975
Annual Tax Amount $5,533
Tax Year 2021
Lot Size 0.280 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 Midland (56020)
Zoning Residential
Interior
Interior Features Cable/Internet Avail.
Heating Forced Air
Exterior
Exterior Feature Aluminum
Waterfront No
Building
Foundation Crawl
Water Public Water
Structure Type Aluminum
Schools
School District Midland Public Schools
Others
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional,FHA,VA
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Out of Area Office