Bought with Non Member Office • NON-MLS MEMBER OFFICE
$236,000
$255,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
4760 N Lumberjack Road Riverdale, MI 48877
6 Baths
4,522 SqFt
Key Details
Sold Price $236,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,522 sqft
Price per Sqft $52
Subdivision Mi
MLS Listing ID 1927925
Sold Date 12/27/24
Lot Size 0.490 Acres
Acres 0.49
Lot Dimensions 118x182
Property Sub-Type Multi-Family
Property Description
This 4-Plex has a solid 20-year rental history and based on the current rents, produces almost $35,000 of gross annual income. This building was originally a church but in 2004 the ENTIRE property was remodeled. There are two 3 bedroom with 2 bathroom units that are two stories and feature things like second floor laundry and walk-in closets. The third unit is also two-story and has 2 bedrooms and 1 bathroom and the fourth is 2 bedroom and 1 bathroom that features one level living. All units have their own laundry, furnace, central air unit, water heater, septic, and utility meter. Tenants are currently month to month and pay their own utility costs. There is plenty of on-site parking and many other features that make this property a turnkey investment with enormous upside!
Location
State MI
County Gratiot
Rooms
Basement Crawl Space, Block, Stone
Interior
Interior Features Walk-In Closets, Laundry Hook-up
Heating Forced Air, Central Air
Cooling Forced Air, Central Air
Exterior
Exterior Feature None
Roof Type Metal
Road Frontage Public Maintained, Blacktop
Building
Water Private Well
Structure Type Vinyl Siding
Schools
School District Alma Public Schools
Others
Tax ID 14-200-035-00
Ownership Private Owner
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