$177,000
$219,000
19.2%For more information regarding the value of a property, please contact us for a free consultation.
1328 VW Avenue E Schoolcraft Twp, MI 49097
3 Beds
1.08 Acres Lot
Key Details
Sold Price $177,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 66022048764
Bedrooms 3
Year Built 1978
Annual Tax Amount $3,447
Lot Size 1.080 Acres
Property Description
Excellent opportunity for immediate cash flow with this well maintained 3 unit building that has an extensive rental history. Prime location only 10 minutes to Vicksburg and Schoolcraft, 15 minutes to Portage, and 15 minutes to Three Rivers. All 3 units are identical floor plans at 880 sqft 2 bedroom, 1 bath, kitchen and living area. Major updates inlcude new roof in 2020, newer water heaters in 2 units, and newer appliances in 2 units. Gross rent is $20,420/Year, and Net income is approximately $13,747/Year. Financial statement attached and lease agreements will be provided upon request. 2 lease agreements through May of 2023, and 1 lease agreement through November of 2023.
Location
State MI
County Kalamazoo
Area Schoolcraft Twp
Interior
Heating Baseboard
Exterior
Garage Spaces 6.0
Roof Type Composition
Building
Foundation Crawl
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Brick,Wood
Schools
School District Vickburg
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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Bought with Jaqua, REALTORS