Do Real Estate on the Go!
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Do Real Estate on the Go!
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$450,000
-- Bed
- -- Bath
3,660sqft
4195 N Weber Rd, Whitehall, MI 49461
$450,000
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Multi Family
Built in 1979
$-- HOA
13,503.6 sqft lot
$123/sq.ft
Description
This rare opportunity for 6 good rental units under one much-improved 1970s building, is one to jump on! With 3 two bed units, and 3 one bed units, roof and siding new in 2020, all new exterior decking, stairs and sliders added by the current owner, the exterior is in great shape. Current owner has remodeled and updated 4 out of 6 units and brought rents up in all units. Two 2-bed units with longstanding tenants remain to be remodeled to maximize the potential of this great investment opportunity and bring up those rents to market value and a potential for a 9 % cap rate. Unit 6 has a small bonus room, that could be an office. 7th unit could be created from storage area. ...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1979
HOA Fees
-
Finished Area
3,660 sqft
Lot Size
13,503.6 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
70448948
MLS Status
Pending
Days on Market
320
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