205 Homer Road
Concord Vlg, MI 49237
#55022018469
Description
Located in the beautiful Village of Concord, this duplex is ready for its new owner occupants or investor. Main level features a 2 bedroom and 1 bathroom unit. Upper level features a 1 bedroom and 1 bathroom unit. Both units a large and have large bedrooms. Units are on separate gas/electric meters. Landlord pays water/sewer/trash. Tenants pay gas/electric/lawn. Property is in close proximity to schools, shopping, dining, and more. Current rents below market. At market average, cap rate is estimated at 16% on listing price and 10.3% on future value. Property is being sold as-is and where-is.
Location
Legal
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Listing Courtesy
Listing Agent: Doug Beiswanger (#55194935647730)
Listing Office: Beiswanger and Risner RE Group (#554849176412)
Listing Courtesy (Buyer)
Buyer's Agent: Scott Phillips (#53097788160933)
Buyer's Office: Coldwell Banker Groves Real Estate (#53097788100526)
