Skip To Content

3520 W Monroe Road

Alma, MI 48801
  • $299,900
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 1893756
UPDATED: 63 min ago
$299,900
  • 0
    BEDS
  • 1.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,000
    SQFT
  • $75
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

GREAT OPPORTUNITY!!! THIS PROPERTY HAS A WELL PREFORMING DUPLEX AND 24 STORAGE UNITS ALL ON 1.88 ACRES. THE DUPLEX HAS LONG TERM TENANTS, EACH UNIT IS 2 BEDROOM, 1 BATH AND IS LEASED FOR $500 EA. THE UNITS ARE IN GOOD REPAIR AND TENANTS PAY FOR UTILITIES. THE STORAGE BUSINESS HAS 20- 10X20 UNITS THAT RENT FOR $65/MO AND 4- 10X10 UNITS THAT RENT FOR $40/MO. ALL UNITS ARE OCCUPIED AND HAVE A HISTORY OF ONLY A BRIEF VACANCY BEFORE A UNIT IS FILLED AGAIN. BOTH BUILDINGS HAVE METAL ROOFS AND VINYL SIDING FOR LOW MAINTENANCE. NEARLY $30K OF POTENTIAL GROSS ON THE PROPERTY EACH YEAR

Monthly Payment Calculator



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-10-15T23:51:55.84.
www.boermarealty.com/homes/122130052
Print Image

3520 W Monroe Road Alma, MI 48801

  • Price: $299,900
  • Status: Active
  • Updated: 63 min ago
  • MLS #: 1893756
0
Beds
0
Baths
0
½ Baths
1.84
Acres
4,000
SQFT
$75
$/SQFT
1970
Built
Neighborhood:
Pine River
County:
Gratiot
Area:
Gratiot
Property Description
GREAT OPPORTUNITY!!! THIS PROPERTY HAS A WELL PREFORMING DUPLEX AND 24 STORAGE UNITS ALL ON 1.88 ACRES. THE DUPLEX HAS LONG TERM TENANTS, EACH UNIT IS 2 BEDROOM, 1 BATH AND IS LEASED FOR $500 EA. THE UNITS ARE IN GOOD REPAIR AND TENANTS PAY FOR UTILITIES. THE STORAGE BUSINESS HAS 20- 10X20 UNITS THAT RENT FOR $65/MO AND 4- 10X10 UNITS THAT RENT FOR $40/MO. ALL UNITS ARE OCCUPIED AND HAVE A HISTORY OF ONLY A BRIEF VACANCY BEFORE A UNIT IS FILLED AGAIN. BOTH BUILDINGS HAVE METAL ROOFS AND VINYL SIDING FOR LOW MAINTENANCE. NEARLY $30K OF POTENTIAL GROSS ON THE PROPERTY EACH YEAR
Exterior Features

Construction Frame Exterior Features Vinyl Foundation Crawl SpaceSlab Lot Dimensions 165 X 497.5 Parking Common Road Public Maintained Roof Metal

Interior Features

Heating Cooling Type Forced Air

Property Features

Business Incl Yes Business Name Aj's Storage Deeded Waterfront No Documents On File None Eco Features No Energy Efficient Not Applicable Extras Overhead Door(S) Heating Cooling Source Natural Gas Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right To Sell Location Freestanding Possession Subject To Tenants Rights Present Use Mini-StorageOther Real Estate Incl Yes Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 21 Sewer Private Septic Summer Taxes 387.00 Taxable Value 72300 Terms CashCommercial LoanConventional Mortgage Total Taxes 1554 Township Pine River Type Mixed Use Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land No Water Private Well Water Conservation Not Applicable Winter Taxes 1167.00 Year Remodeled 2000 Zoning Commercial

Listing information © 2021 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Century 21 Lee-Mac Realty: 989-463-6085.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-10-15T23:51:55.84.
 
https://bt-photos.global.ssl.fastly.net/nglrmls/orig_boomver_1_1893756-2.jpg https://bt-photos.global.ssl.fastly.net/nglrmls/orig_boomver_1_1893756-2.jpg https://bt-photos.global.ssl.fastly.net/nglrmls/orig_boomver_1_1893756-2.jpg
Logo
Boerma Realty, LLC
2008 S Mission St.
Mt. Pleasant MI, 48858