$589,500
For Sale

211 S Hughston

Riverside, MI 49657
Browse 25 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

INVESTMENT OPPORTUNITY with this 6-UNIT APARTMENT COMPLEX located in the desirable City of McBain! This well-maintained Multi-Family Property located within the sought after McBain School District was built in 2000 and is currently fully rented. The building is one-story on the front with a walkout partially finished lower level on the back. Each unit is identical in layout with a covered front porch, 2 bedrooms (1 bedroom is located on each level) 1 bath, living room, kitchen, dining area, and includes washer & dryer. The upper floor of each unit is approximately 709 square feet and the lower level offers another finished 275 square feet plus 435 square feet of unfinished basement area. All tenants are on a month-to-month lease with the one exception having a lease that ends February 2024. With the demand for rentals in the area, there should be no problem keeping these units rented. Sitting on over one acre of land, this property offers room for expansion! Looking for additional rental property to add to your portfolio or to get started in the rental business? This is a perfect opportunity! Don’t let this one slip by!

  • Interior Details
      • HeatingBaseboard, Hot Water
  • Property Details
      • Square Feet984
  • Construction Details
      • Property TypeInvestment
    • Condition
      • Year Built2000
  • Community and Neighborhood Details
      • ZoningMulti-Family, Residential
      • RegionRiverside Twp
      • CountyMissaukee
      • School DistrictMcbain
  • Financial Details
      • Original List Price$595,500
  • Other
      • MLS #78080014031

Location

Timothy StinsonPremier Realtor | 248-933-0539
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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