415 W State Street

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415 W State Street

Corunna, Michigan 48881

3 baths | 2,268 sqft | MLS# 61050067567

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For more information on this property, please contact:

Anwar Jennings

313-283-1873 313-283-1873 Send email

DESCRIPTION

Excellent investment opportunity! This 3-unit apartment building brings in $1500 per month in rent. All units are occupied and have a good pay history. Tenant in unit 1 handles lawn care and snow removal as a part of her rent so regular maintenance is kept to a minimum. Electric and gas are separate and paid by tenants. Water, sewer, and trash are paid by landlord and average $220 per month total. Estimated annual cap rate at the asking price is 9.8%. Call today for more information.

FACTS

Full Baths: 3 School District: Corunna County: Shiawassee Status: Sold Listing Type: Multifamily Stories: 2 Story Cooling: Ceiling Fan(s) Heating: Forced Air,Separate Meters

FEATURES

Sewer: Sewer-Sanitary Exterior: Wood Water Heater: Natural Gas

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