504(06,31,32,80,81,93) Bay Run
Chesterfield Twp, MI 48047
9 baths | #2220011539
Description
Awesome investment opportunity! 6 condo units in 23 east condo complex. 7.9% CAP RATE. Gross annual rental income $86,400. 4 units are rented at $1150/mo with room to increase. 2 units are rented at $1300/mo. Annual taxes for all units is $9,157.28. Annual HOA is $13,680. Many tenants have been in place for 3+ years. 4 tenants in a month-to-month contract. Other 2 tenants in a 1 year contract. All units are premium corner or woods facing units.
Location
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Listing Courtesy
Listing Agent: Jonathan E Foukes (#332978)
Listing Office: Move Realty LLC (#393425)
Listing Courtesy (Buyer)
Buyer's Agent: Elizabeth L Schlum (#314044)
Buyer's Office: Max Broock, REALTORS®-Birmingham (#005477)
