$950,000
Closed

375 N LIBERTY STREET

Belleville, MI 48111
Type:Multi-Family
Structure:House
Zone:Residential

Description

Location, Location, Location!!! Great opportunity to upgrade your investment portfolio. Fully occupied 8 units (four 2 bedrooms, four 1 bedroom) in Downtown Belleville. 6 out of 8 units are fully remodeled, new water heater (2019), new boiler (2020). 6 units feature private balconies and 2 feature porches. Updated plumbing and electrical. Laundry facility and additional storage space available in premises. About $150 income per month from laundry facility. Tenants paying for electrical, water, gas, trash, lawn cutting and snow removal (1 bed pays 11%, 2 beds pay 14% of the costs). Close to Ann Arbor and Metro Airport. Steps away to restaurants, shopping center, Belleville Lake, the new District Library, and Lower Huron Metro Park. Land contract available for 15 years with 50% down and 2% interest rate on the balance. No showings before accepting an offer. Please include proof of funds or pre-approval with your offer.

  • Interior Details
      • Total Baths8.00
      • Bathrooms8
      • Full Baths8
  • Construction Details
      • Property TypeInvestment
    • Condition
      • Year Built1964
  • Community and Neighborhood Details
      • RegionBelleville
      • School DistrictVan Buren
      • CountyWayne
  • Other
      • MLS #20221058612
  • -

    Location

    Timothy StinsonPremier Realtor | 248-933-0539