Investment property, Duplex
$495,000Size Upon Req.
Waterfront mobile home park available for sale. Located on Lake St. Clair and adjacent to the potential future waterfront redevelopment in Harrison Twp. Huge value add potential. Currently 14 lots rented at an average of $325 each per month. Potential for up to 24 lots with minor improvements.Tax information: $5,893 (2013)
State business / very successful business / great return on investment 5 year lease. Almost 3 beautiful acres, open concept. Lots of storages, handicap excess-able. 2 full baths. Bedrooms all large. Over-sized garage with individual storage (Has required alarms). Please this is an adult group home, be kind and gentle. Will not be disappointed.!!!The term of the lease for 5 years commenced on July 1, 2014. After the expiration date, tenant has the option to 2 additional five years periods (10 years) at the same terms. This property has been rented since 1994 to Macomb County. The owner has a current and valid 2 term- 5 year lease. lease agreement is available upon request. Thanks !WE CONSIDER ALL REASONABLE OFFERS!
Built as a 2 family. Separate water, gas, elec. Vinyl windows. Roof 1 yr. Newer lower kitchen, fresh paint. Newer sewer line. Great rental with built in income. Separate lockable storage. First floor laundry and basement laundry.ATTENTION INVESTORS & first time buyers! Return on investment 14% or live in one and keep the other one rented and live for free! GREAT INVESTMENT! Built as a 2 family home. Separate water, gas, electric. Vinyl windows, roof 1 year old, newer lower kitchen, and fresh paint. Great rental with built in income. Separate lockable storage. First floor laundry and basement laundry. Lower unit is rented for $825/month and the upper is vacant for now to lease for $765/month.
20411 12 Mile Road Apartments is comprised of 1 two story building built in 1975. The building contain 9 one-bedrooms (600 ft.2. Notable for investors is the occupancy, which is currently 100%. The owner takes great pride in keeping this property in good condition. 20411 12 Mile Road Apartments is outfitted with landlord-paid hot water baseboard heat. 20411 12 Mile Road Apartments is performing well and IPO has estimated a year-one NOI of over $27K. Thus, an investor stands to earn a substantial return from the outset of acquisition, yet has the potential to still add considerable value to this asset. As previously indicated, current rental rates are considerably below market. Specifically, IPO has found that asking rents are below market by $86. As such, if a new owner were to successfully implement a $50 per unit increase they would add approximately $5,400 in cash flow and add $67,500 in value with no financial investment.
23301 Kelly Road Apartments is comprised of 1 single story building built in 1957 and spread across .28 acres. The building contain 6 one-bedrooms (530 ft.2), and 1 Studio (500 ft.2). Notable for investors is the occupancy, which is currently 100%. The owner takes great pride in keeping this property in good condition. 23301 Kelly Road Apartments is outfitted with landlord-paid hot water baseboard heat.
GREAT INVESTMENT OPPORTUNITY. VERY WELL MAINTAINED ALL BRICK 8 UNIT APARTMENT COMPLEX. 100% LEASED. GREAT LOCATION! NEWER ROOF & CONCRETE. GARBAGE PICK UP IS $40.00/MONTH. 2 WASHERS AND DRYERS. BASEMENT. 1 CASH TENANT HAS BEEN THERE FOR 6 YEARS.
GREAT INVESTMENT OPPORTUNITY. 8 UNIT APARTMENT BUILDING, 100% LEASED. PRESTINE ALL BRICK BUILDING. AMPLE PARKING IN BACK. (7) 1 BEDROOM UNITS APPROXIMATELY 650 SQ FT UNITS. (1) 2 BEDROOM UNIT APPROXIMATELY 740 SQ FT. TENANTS HAVE OWN STORAGE IN BASEMENT. INCLUDES OFFICE/STORAGE UNIT FOR OWNER. WASHER & DRYER MAKES APPROXIMATELY $130.00/MONTH. NEWER ROOF (2003). LONG TERM TENANTS. VERY WELL MAINTAINED.
GREAT INVESTMENT OPPORTUNITY! 6 UNIT APARTMENT BUILDING 100% LEASED. LONG TERM TENANTS. (3) 1 BEDROOM UNITS APPROXIMATELY 700 SQ FT UNITS, (3) 2 BEDROOM UNITS APPROXIMATELY 780 SQ FT UNITS. LANDLORD PAYS FOR UTILITIES. CARPORT & BASEMENT STORAGE FOR TENANTS. INCLUDES OFFICE/STORAGE UNIT FOR OWNER. WASHER & DRYER MAKE APPROXIMATELY $100.00/MONTH. VERY WELL MAINTAINED BUILDING. BRING OFFERS!
|Photo Coming Soon|
Kingston Manor Apartments feature one and two bedroom units, with a laundry room in each building. Very accessible parking. Tenants pay electric and internet, landlord pays for water. More than 45 units are newly remodeled.