415 W State Street
Corunna, MI 48817
3 baths | #5050067558
Description
Excellent investment opportunity! This 3-unit apartment building brings in $1500 per month in rent. All units are occupied and have a good pay history. Tenant in unit 1 handles lawn care and snow removal as a part of her rent so regular maintenance is kept to a minimum. Electric and gas are separate and paid by tenants. Water, sewer, and trash are paid by landlord and average $220 per month total. Estimated annual cap rate at the asking price is 9.8%. Call today for more information.
Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Listing Courtesy
Listing Agent: Howard D Ebenhoeh (#500000206277)
Listing Office: REMAX Tri County (#500000017674)
Listing Courtesy (Buyer)
Buyer's Agent: Mickal Gabler (#61000000509890)
Buyer's Office: Keller Williams First (#61000000030850)
