Breckenridge, MI 48615,508 Wright Street
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Breckenridge, MI 48615,508 Wright Street
Breckenridge, MI 48615,508 Wright Street
Breckenridge, MI 48615,508 Wright Street
Breckenridge, MI 48615,508 Wright Street
Listed by Micah Kemler • 43 NORTH REALTY
Bought with Micah Kemler • 43 NORTH REALTY

$315,000

Est. payment /mo

$299,000

5.4%
Est.Price: ?

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508 Wright Street Breckenridge, MI 48615

5 Baths

1,898 SqFt

SOLD DATE : 05/29/2025

Key Details

Sold Price $315,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,898 sqft

Price per Sqft $165

Subdivision Mi

MLS Listing ID 1932717

Sold Date 05/29/25

Lot Size 0.830 Acres

Acres 0.83

Lot Dimensions 165 x 208

Property Sub-Type Multi-Family

Property Description

8-Unit Apartment Complex – Breckenridge, MI This charming 8-unit apartment complex in Breckenridge features a unique Bavarian Alpine-style design that gives the property great curb appeal. Each unit is a cozy 1 bed, 1 bath with a kitchen, living space, baseboard heat, and a window air-conditioner. The building is fully rented, with each unit bringing in an average of $540 per month. The total gross monthly rent is $4,325, making it a strong income-producing property. Tenants each have their own electric meter and pay their own electric bills. The owner is responsible for water, sewer, dumpster service, lawn care, and snow removal. There's also a coin-operated laundry room on-site, providing additional income. The property includes a paved parking lot for tenant convenience and an extra storage shed for maintenance supplies or owner use. This is a great investment opportunity in a peaceful, small-town setting with consistent rental income and value-added features.

Location

State MI

County Gratiot

Rooms

Basement Slab

Interior

Interior Features None

Heating Baseboard, Window Air Conditioner

Cooling Baseboard, Window Air Conditioner

Exterior

Exterior Feature Porch

Roof Type Asphalt

Road Frontage Blacktop

Building

Water Municipal

Structure Type Wood

Schools

School District Breckenridge Community Schools

Others

Tax ID 42-150-014-00

Ownership Private Owner

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agent

Tricia Boerma

Broker

+1(989) 560-5779

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