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$325,000
Est. payment /mo
6 Baths
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20250032707
Year Built 1932
Annual Tax Amount $3,119
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 60.00 x 98.70
Source Realcomp
Property Description
5 unit apartment building with sought after positive cash flow. The unit includes: 1 - 4 bedroom unit with 2 baths, 3 - 2 beds with 1 bath, 1 - 1 bedroom & bath. Gas & electric is separate in each unit. Building has 1 water line with 1 meter but if you bring in 4 additional water lines each unit would be able to be metered separately. Each unit has its own hot / cold water lines & water heater. This building is in a R1 Zone. Gross rents are $5,450 monthly. Rent to Increase to $5,750 on July 1st, 2025 monthly. Long term tenants that pay rent in a timely manner when it is due on the 1st of the month. No tenants are in arrears for rent. Coin washer & dryer is on the premises.
Location
State MI
County St. Clair
Area St. Clair County - 90
Zoning Residential
Direction W of 10th St / E of 12th St
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Port Huron
Others
Tax ID 74064370003000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by EXP Z Real Estate