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$350,000
Est. payment /mo
3,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $116
Subdivision Mi
MLS Listing ID 70467604
Year Built 1900
Annual Tax Amount $3,598
Tax Year 2024
Lot Size 0.380 Acres
Acres 0.38
Lot Dimensions 82.5x132x82.5x132
Property Sub-Type Multi-Family
Property Description
Excellent 6-unit investment in the heart of Stanton with $47,488/year gross income. Two buildings: one single 1-bed/1-bath unit and five 1-bed/1-bath units. Tenants pay gas/electric; owner covers water. Steel roof (~2019), ample parking (2+ spaces per unit), and just a 1-minute walk to downtown. Second floor renovated in 2023, main floor updated in 2021 and exterior wood siding freshly painted in 2024. Strong rental history with upside potential in a prime location. Great opportunity to add a turnkey property to your portfolio. Seller has directed listing agent to hold all/any offers until 5/18/25 at noon. Can be purchased as a package with 206 Oak st (25020949) and 190 E Sidney (25020948)
Location
State MI
County Montcalm
Area Stanton (59035)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Baseboard
Exterior
Exterior Feature Vinyl Siding, Wood
Building
Foundation Basement
Structure Type Vinyl Siding,Wood
Schools
School District Central Montcalm Public Schools
Others
Energy Description Electric
Financing Cash,Conventional
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Listed by Berkshire Hathaway HomeServices Michigan Real Estate (South)