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140 MARKET Street Mount Clemens, MI 48043 1751
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Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,162 sqft
Price per Sqft $84
Subdivision Mi
MLS Listing ID 60312947
Sold Date 03/28/25
Style 2 Story
Full Baths 5
Half Baths 1
Year Built 1880
Annual Tax Amount $8,886
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 90 x 137
Property Sub-Type Multi-Family
Property Description
Gorgeous five-unit apartment building with excellent curb appeal. Charming exterior and ample parking for residents. Four 1-bedroom units and one studio. Fully occupied and licensed with the city. One lease expiring 2/28/2025. Remaining four expire later in 2025. Owner is responsible for dumpster (avg $70/mo), common area electricity (avg $30/mo), gas (avg $160/mo), and water (avg $113/mo). One tenant reimburses $30/mo for utilities. Management plans to get all tenants on utility reimbursement plans upon renewal. Owner responsible for lawn and snow.
Location
State MI
County Macomb
Area Mt Clemens (50013)
Zoning Multi-Family
Rooms
Basement Poured
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Aluminum
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Aluminum
Schools
School District Mt Clemens Community Schools
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with LPS