415 W State Street
Corunna, MI 48881
3 baths | #61050067567
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
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Listing Courtesy
Listing Agent: Howard D. Ebenhoeh (#61000000210664)
Listing Office: Re/max TriCounty (#61000000017688)
Listing Courtesy (Buyer)
Buyer's Agent: Mickal Gabler (#61000000509890)
Buyer's Office: Keller Williams First (#61000000030850)
