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602 Townsend Street Midland, MI 48640
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Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,430 sqft
Price per Sqft $89
Subdivision Mi
MLS Listing ID 50141846
Sold Date 07/26/24
Style 2 Story
Bedrooms 6
Full Baths 7
Year Built 1913
Annual Tax Amount $7,906
Tax Year 2023
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 77x120
Property Description
THINK BIG ON TOWNSEND! Looking to invest in a multi-family property? This unique 7 unit apartment complex is ready for new ownership. Get ready for the gross rent income of $5,647 per month when fully rented. Featuring more than 4,000 square feet across one bedroom, two bedroom and studio units, this property offers immense potential. Currently 5 out of 7 units are filled. Tenant is responsible for electric and heat. Owner manages lawn care & snow removal. This 77 x 120 lot make the maintenance simple. Call today for more information!
Location
State MI
County Midland
Area Midland (56020)
Zoning Residential
Interior
Heating Boiler
Fireplace No
Exterior
Exterior Feature Brick, Wood
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick,Wood
Schools
School District Midland Public Schools
Others
Ownership Private
SqFt Source Public Records
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Keller William Preferred
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