Strike Price: $16,8MM More information upon request
Residential/ commercial investment, 4 Apartment 100% leased , Two of them 1 BR and Two 3 BR. and two retail store leased for total of $1950 Gross Lease. See my website for full info.
Buy one for $59,900 or all for $287,000. Immediate occupancy, month to month leases on all. Seller will look at all offers. Land contracts available.
The property consists of a single two story brick building that sits at the edge of a mature community in St. Clair Shores. The lot is desirable and well-kept and there' s ample parking for tenants lining the side and the back of the building. Tenants have a carport and additional parking spaces are available for their guests or second car. The seller has taken great pride in the property from day one, placing a tremendous amount of time and money into making the property attractive to the tenants who make their home here. The complex features all one bedroom units with each tenant having an estimated 600 square feet. At this time, the 8 one bedroom units are renting for $580. As for the utilities, the building is outfitted with hot water/baseboard heat that is landlord paid. The water is landlord-paid, but the electricity is individually metered and tenant paid. As of May 1st the building is sitting near 90% occupancy.
Great Investment Opportunity! 100% Occupied 13 unit ranch style apartments. 9 two bedroom units and 4 one bedroom units. Room to expand on 1.5 acre lot. Long term tenants. Many updates inside and out. TENANT PAYS SUB METERED GAS AND ELECTRIC. Very desirable rental location. Walking distance to Lake St. Clair. Plenty of parking spaces. Seller requests: DO NOT DISTURB TENANTS OR WALK THE PROPERTY.
66 Units, 18 Townhomes, 24 two bedroom garden apartments, and 24 one bedroom garden apartments. This complex sits on over 2 1/2 acres, new, new carpet and paint in hallways, basements have been painted. CEMENT driveway (over 40,000 sq. ft.), separate gas, and electric. Every unit has air conditioning, optional carport. Laundry in the basement of the garden apartment buildings. This complex is located next to Kelly Middle School.
Principals Only. Income Property Organization is pleased to announce the exclusive marketing of The Scofield Apartments located in Harrison Township, Michigan. This property is conveniently located near I-94, and Lake St. Clair. Scofield Apartments contains a total of 12 units of which 11 units are one bedrooms and one is an efficiency. Units contain a dishwasher, in wall air conditioning unit and on-site laundry. Tenants pay for the gas-forced air heating system. The complex is currently 100% occupied, with below average rents. This gives a future buyer potential to raise the rents.
Fraser Manor is comprised of 18 large 700 ft.2 one-bedroom units that include private entrances, kitchen upgrades (numerous units), and tenant-paid, electric-forced air heating/cooling. The complex was built in 1969 and is located less than ½ mile from the intersection of Utica Rd. and Groesbeck Hwy. Over the course of the last few years the property has received significant capital improvements. Because the complex has seen recent replacement of many major building systems and components, a buyer will benefit tremendously, as cash flow will not be diminished due to replacement needs.
8 Units in one building One 2 Bedroom, Seven 1 Bedroom Apartments Fully Occupied Brick Building Built in 1989 Built on crawl space Attractive potential cash on cash returns
ATTENTION BIG FAMILLY/INVESTORS!!2 UNIT FAMILY in Lovingly restored Historic Flynn House right in the heart of the village of Warren. Completely updated with immaculate attention to every detail! 6 BED ROOMS AND 3 FULL BATH, 3CAR ATTACHED. COMPLETE HOUSE UPSTAIRS FOR THE INLAWS QUARTER WITH SEPARATE ENTERENCE. 2 OF EACH (KITCHEN, LAUNDAY, FURNCAE, WATE HEATER, AIRE CONDITION. super clean and dry basement with office workshop area. 3 car garage with plenty of parking. FOR INVESTORS with potential $25000 YEARLY INCOME WITH 15% ROI. YOU CAN LIVE IN ONE AND RENT THE OTHER!CONSIDER ALL OFFERS!