Harrison Twp, MI 48045,24965 Murray
$885,000
$950,000
6.8%
Est.Price: ?

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14 BD
14 BA
1,598 SqFt

24965 Murray Harrison Twp, MI 48045

Est. payment /mo
SOLD DATE : 09/08/2020

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Key Details

Sold Price $885,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,598 sqft

Price per Sqft $553

Subdivision Mi

MLS Listing ID 50019049

Sold Date 09/08/20

Style 2 Story

Bedrooms 14

Full Baths 7

Half Baths 7

Year Built 1994

Annual Tax Amount $21,718

Tax Year 2019

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 236x165

Property Description

This well maintained 7 unit residential rental property is an excellent investment opportunity in Harrison Township. All 7 units are occupied by tenants who have all been renters for more than their initial 1 year lease, with 3 tenants being more than 5 years. Gross annual rents on current leases is 95,700. Operating expenses 30,303, net operating income 65,397 3 duplexes,1 single stand alone family home. 7 units total. Each unit has 2 bedrooms and 1.5 baths and a 1 car garage. The complex has been set up as a condo but no association has been set up. Owner will only sell as a package! Near 100% occupancy. Very little, if any turn over.Per public record sq footages range from 1445 to 1598 per unit. Separate meters for each unit. Tenant pays all utilities, owner cuts the lawn. Very spacious units great location across from the lake.Inspection and preview of each unit only available after acceptable offer has been submitted. Information deemed reliable but not Guaranteed

Location

State MI

County Macomb

Area Harrison Twp (50015)

Zoning Residential

Rooms

Dining Room Breakfast Nook/Room, Eat-In Kitchen

Kitchen Breakfast Nook/Room, Eat-In Kitchen

Interior

Heating Floor Furnace

Cooling Central A/C

Fireplace No

Exterior

Parking Features Attached Garage

Garage Spaces 7.0

Building

Story 2 Story

Foundation Slab

Water Public Water

Schools

School District L'Anse Creuse Public Schools

Others

Ownership LLC

SqFt Source Assessors Data

Energy Description Natural Gas

Acceptable Financing Land Contract

Listing Terms Land Contract

Financing Cash,Conventional,Land Contract

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Real Estate One-Clinton
Bought with RE/MAX First

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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