$325,000 pending
515 grove, midland, MI 48640
Property Description
Average monthly revenue of $4,035. Welcome to your next investment venture! This meticulously maintained four-unit property is a golden opportunity for savvy investors. With all units currently occupied, you'll enjoy immediate returns on your investment. Inside, three out of the four units have been tastefully updated with new flooring, fresh paint, and modernized bathrooms. With new lighting fixtures throughout, these units shine with contemporary charm, attracting quality tenants and maximizing rental income. Step outside and admire the newer installed roof, ensuring durability and peace of mind for years to come. The front porch, crafted from low-maintenance Trex material, adds to the property's curb appeal while reducing maintenance hassles. Plus, the freshly painted exterior gives the building a crisp, inviting look that tenants and locals alike will appreciate. The upgrades don't stop there! A brand-new storage shed provides convenient storage space, while a new boiler and ov
General Information
Sale Price: $325,000
Price/SqFt: $116
Status: Pending
MLS#: 50140991
City: midland
Post Office: midland
Schools: midland public schools
County: Midland
Subdivision: carpenter's addition to the city of midland
Acres: 0.3
Lot Dim: 110x90
Bedrooms:5
Bathrooms:4 (4 full, 4 half)
Size: 2,796 sq.ft.
Acreage: 0.3 est.
Year Built: 1890
Features & Room Sizes
Basement: Yes
Heating: Boiler
Tax, Fees & Legal
Est. Summer Taxes: $3,061
Est. Winter Taxes: $2,023
Listing Courtesy of: Bryan Gardner of Ayre/Rhinehart REALTORS
Information provided by Midland Board of REALTORS
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Listing information provided courtesy of the Midland Board of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
This listing last updated: Wed, May 08, 2024 at 3:22:19 PM EDT
MBOR Listing Data Last Updated on Sat, May 18 2024 at 10:48am
