NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Last Sold August 16, 2019

Last sale price $295,000

82 Days on Market

Highlights

  • Wooded Lot
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Chikaming Elementary School Rated A-

About This Home

As of August 2019

Investment Opportunity in Chikaming Township. Exceptionally well-maintained 4-unit apartment building in the heart of Harbor Country. Units are spacious with open-concept floor plans and feature neutral decor throughout. Two upper level units have vaulted ceilings and walkout balcony. All units have a front and back entrance & share a laundry facilities. Gas forced air, city water & sewer. Excellent rental history!

Last Agent to Sell the Property

Jerry Olson

Cressy & Everett R.E. of Harbor Country License #6506019842 Listed on: 03/27/2019

Cressy & Everett R.E.  of Harbor Country

Last Buyer's Agent

Tim O'Leary

Michigan Lake & Land LLC License #6504362071

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,380

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • Wooded Lot

Parking

  • 8 Parking Spaces

Home Design

  • Slab Foundation
  • Wood Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for gas
  • The owner pays for water, sewer

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,700
  • Gross Income $32,000
  • Net Operating Income $21,500

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,380

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 339900.0
  • Lot Features: Wooded
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Topography: {"Level":true}
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Gas

Multi Family

  • Gross Income: 32000.0
  • Insurance Expense: 1700.0
  • Net Operating Income: 21500.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3380.0
  • Tax Year: 2017

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $295,000 -13.2% --
06/17/2019 06/17/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $339,900 -- --
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 19003115

MichRIC