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.
Interior Details
- Bathrooms3
- Full Baths3
Construction Details
- Property TypeInvestment
Condition
- Year Built1910
Community and Neighborhood Details
- CountyShiawassee
- School DistrictCorunna
- RegionCorunna
Other
- MLS #61050067567
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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.
Last Updated: . Source: REALCOMP
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)
