604 S Grand Avenue

    Fowlerville Vlg, MI 48836
    • $182,667
    • STATUS: Active
    • ON SITE: 367 days
    • MLS #: 218033580
    UPDATED: 36 min ago
    $182,667
    • 0
      BEDS
    • 0.24
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    • 2,240
      SQFT
    • $82
      $/SQFT
    Type:
    Multi-Family
    Built:
    1900
    County:
    Zoning: Commercial
    Lot Size Dimensions: 69X139x74x133

    School Ratings & Info

    School District:

    Description

    Hard to find large Duplex located in the heart of Downtown Fowlerville! Nice corner lot with partially fenced yard with an over sized 2.5 car garage for the landlords use. Section 8 compliant, this duplex features one, 4 bedroom, 1.5 bath unit and one, 3 bedroom, 1 bath unit. Immediate Positive Cash Flow, 12.1% Cap rate allows you to recoup your 25% down initial investment in just over 10 years. Long term tenants just renewed leases. 3 bedroom = $1,275 per month, 4 bedroom = $1,225 per month. Home features newer siding, windows, furnaces all within the last 15 years. Notice to show please, no lock box. 24 Hour Notice to Show.

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    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: 2019-04-26T06:57:34.553.
    www.homesearchannarbor.com/homes/82848333

    604 S Grand Avenue Fowlerville Vlg, MI 48836

    • Price: $182,667
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 218033580
    0
    Beds
    2
    Baths
    1
    ½ Baths
    0.24
    Acres
    2,240
    SQFT
    $82
    $/SQFT
    1900
    Built
    Neighborhood:
    Assr's Plat No 4 - Vill Of Fowlerville
    County:
    Livingston
    Area:
    Fowlerville Vlg
    School District:
    FOWLERVILLE
    Property Description
    Hard to find large Duplex located in the heart of Downtown Fowlerville! Nice corner lot with partially fenced yard with an over sized 2.5 car garage for the landlords use. Section 8 compliant, this duplex features one, 4 bedroom, 1.5 bath unit and one, 3 bedroom, 1 bath unit. Immediate Positive Cash Flow, 12.1% Cap rate allows you to recoup your 25% down initial investment in just over 10 years. Long term tenants just renewed leases. 3 bedroom = $1,275 per month, 4 bedroom = $1,225 per month. Home features newer siding, windows, furnaces all within the last 15 years. Notice to show please, no lock box. 24 Hour Notice to Show.
    Exterior Features

    Architecture Level 2 Story Architecture Style Duplex Construction Materials Vinyl Foundation Details Basement Foundation Materials Poured Lot Size Dimensions 69X139x74x133 Multifamily Parking Garages Pool YN No Road Frontage Feet 69 Road Frontage Type PavedPub. Sidewalk Roof Material Asphalt Waterfront YN No

    Interior Features

    Basement Type Common Basement YN Yes Baths Total 2.10 Cooling Ceiling Fans 2+ Heating Space Heater Heating Fuel Natural Gas Interior Features Cable AvailableUtility Smart Meter Room Count 0 Sq Ft Combined 2240 Sq Ft Source Prd Sq Ft Total Basement 1584 Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 2 Unit Two Bed Number Of 0 Water Heater Fuel Natural Gas

    Property Features

    Encroachment YN No Gross Scheduled Income 30000.00 Income Projection Actual Land Contract YN No Listing Financing CashConventional Monthly Rental Income 2500 Net Operating Income 22265.00 Number Of Units Leased 2 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Fowlerville Protection Period 120 Settlement Village Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 3007.0000 Tax Amount Winter 911.0000 Title Private - Owned Total Tax 3918.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 604 S Grand Ave Water Source Municipal Water Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Re/Max Platinum 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: 2019-04-26T06:57:34.553.
     
    The Toth Team - Keller Williams Ann Arbor Market Center
    2144 S State St
    Ann Arbor MI, 48104