$395,000 for Sale
602 townsend, midland, MI 48640
Property Description
THINK BIG ON TOWNSEND! Looking to invest in a multi-family property? This unique 7 unit apartment complex is ready for new ownership. Get ready for the gross rent income of $5,647 per month when fully rented. Featuring more than 4,000 square feet across one bedroom, two bedroom and studio units, this property offers immense potential. Currently 5 out of 7 units are filled. Tenant is responsible for electric and heat. Owner manages lawn care & snow removal. This 77 x 120 lot make the maintenance simple. Call today for more information!
General Information
Sale Price: $395,000
Price/SqFt: $89
Status: Active
MLS#: 50141847
City: midland
Post Office: midland
Schools: midland public schools
County: Midland
Subdivision: carpenters div
Acres: 0.21
Lot Dim: 77x120
Bedrooms:6
Bathrooms:7 (7 full, 7 half)
Size: 4,430 sq.ft.
Acreage: 0.21 est.
Year Built: 1913
Features & Room Sizes
Exterior: Brick,Wood
Basement: Yes
Heating: Boiler
Tax, Fees & Legal
Est. Summer Taxes: $5,483
Est. Winter Taxes: $2,023
Listing Courtesy of: Logan Richetti of Modern Realty
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 15, 2024 at 2:36:42 PM EDT
MBOR Listing Data Last Updated on Mon, May 20 2024 at 10:48am
