Excellent Investment Opportunity! This profit-making 4-unit all-brick property offers strong rental income and modern updates throughout. Each apartment features newer luxury vinyl flooring or carpet, fresh paint, updated countertops, and vanities. Major improvements include a newer roof, furnaces, and A/C units. Each unit has 2 bedrooms and 1 full bath. Each unit has separate utilities?individual furnaces, central air, water heaters, and electric meters. Apt 1 and Apt 2 have private fenced in yard. Apt 3 and Apt 4 have balconies. Tenants pay their own utilities; landlord covers lawn care and snow removal. Total monthly rent is approximately $3,300, plus an additional ~$700/year from the shared coin-operated laundry. Apt 2 is currently vacant for easy showings; the remaining units are fully occupied with tenants. A turnkey, income-producing property ready for your portfolio! Don't wait, call for your private tour TODAY!
General Information
Sale Price: $389,000
Price/SqFt: $119
Status: Active
MLS#: 50193719
City: midland
Post Office: midland
Schools: midland public schools
County: Midland
Subdivision: lincoln manor
Acres: 0.25
Lot Dim: 64x170
Bedrooms:8
Bathrooms:4 (4 full, 4 half)
Size: 3,268 sq.ft.
Acreage: 0.25 est.
Year Built: 1984
Features & Room Sizes
Exterior: Brick
Basement: Yes Cooling: Central A/C Heating: Forced Air
Tax, Fees & Legal
Est. Summer Taxes: $5,617 Est. Winter Taxes: $2,024
Listing Courtesy of: Miaomiao (Ava) Dong of Century 21 Signature Realty Midland
