$395,000
$395,000
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602 Townsend Street Midland, MI 48640
7 Baths
4,430 SqFt
Key Details
Sold Price $395,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,430 sqft
Price per Sqft $89
Subdivision Carpenters Div
MLS Listing ID 61050141846
Full Baths 7
Year Built 1913
Annual Tax Amount $7,906
Lot Size 9,147 Sqft
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
Zoning Residential
Interior
Hot Water Natural Gas
Heating Separate Meters, Steam
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick,Wood
Schools
School District Midland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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