400 W Main Street

    Otisville Vlg, MI 48463
    • $139,000
    • STATUS: Active
    • ON SITE: 35 days
    • MLS #: 219023327
    UPDATED: 222 min ago
    $139,000
    • 0
      BEDS
    • 2.07
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,300
      SQFT
    • $42
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1876
    County:
    Zoning: Multi-Family
    Lot Size Dimensions: 180X373X238X305

    School Ratings & Info

    School District:

    Description

    Amazing opportunity to become an owner of a 4-plex this property is located 22 miles straight north of Ortonville in this cozy town of Otisville. There are currently four furnaces one for each unit. All the utilities are functional with city water and sewer. All we need is a little bit of TLC to bring the building back to its former grandeur. About 4 main months worth of work is needed to revitalize this diamond in the rough. Rent 5 years ago was $2000 per month for all 4 units. Submit your offer immediately to capitalize on this once in a life time opportunity.

    Monthly Payment Calculator

    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-04-24T23:56:27.81.
    www.homesearchannarbor.com/homes/92881304

    400 W Main Street Otisville Vlg, MI 48463

    • Price: $139,000
    • Status: Active
    • Updated: 222 min ago
    • MLS #: 219023327
    0
    Beds
    4
    Baths
    0
    ½ Baths
    2.07
    Acres
    3,300
    SQFT
    $42
    $/SQFT
    1876
    Built
    Neighborhood:
    Otisville Vlg
    County:
    Genesee
    Area:
    Otisville Vlg
    School District:
    LAKEVILLE
    Property Description
    Amazing opportunity to become an owner of a 4-plex this property is located 22 miles straight north of Ortonville in this cozy town of Otisville. There are currently four furnaces one for each unit. All the utilities are functional with city water and sewer. All we need is a little bit of TLC to bring the building back to its former grandeur. About 4 main months worth of work is needed to revitalize this diamond in the rough. Rent 5 years ago was $2000 per month for all 4 units. Submit your offer immediately to capitalize on this once in a life time opportunity.
    Exterior Features

    Architecture Level 2 Story Architecture Style Quadruplex Construction Materials VinylWood Foundation Details Michigan Basement Foundation Materials Stone Lot Size Dimensions 180X373X238X305 Pool YN No Porch Type Porch - Covered Road Frontage Feet 180 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

    Interior Features

    Basement Type Unfinished Basement YN No Baths Total 4.00 Cooling Ceiling Fans 2+ Heating BaseboardForced Air Heating Fuel Natural Gas Interior Features Cable Available Room Count 0 Sq Ft Combined 3900 Sq Ft Lower Floor 600 Sq Ft Source Mls Unit Efficiency Number Of 0 Unit One Bed Number Of 2 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2 Water Heater Fuel Natural Gas

    Property Features

    Assessment 0 Encroachment YN No Gross Scheduled Income 24000.00 Income Projection Projected Land Contract YN No Listing Financing CashConventional Monthly Rental Income 2000 Net Operating Income 24000.00 Number Of Units Leased 0 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Otisville Protection Period 180 Settlement Village Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 1324.0000 Tax Amount Winter 1867.0000 Title Private - Owned Total Tax 3191.0000 Transaction Type Sale Unparsed Address 400 W MAIN ST Water Source Municipal Water Year Remodeled 1980 Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Berkshire Hathaway Michigan and Realcomp, ©2019 Realcomp II Ltd. Shareholders.
    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-04-24T23:56:27.81.
     
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    Ann Arbor MI, 48104