MLS # 26016658 (Michigan Regional Information Center (MichRIC))

Nice well maintained 4 unit in residential neighborhood with each unit having 2 bedrooms, 1 bath and coin operated laundry. Tenants pay all utilities except water, sewer. This 4 unit brings in $3175 month in gross revenue. Two other duplexes on an adjacent parcel and another adjacent duplex are also available for sale. Total gross monthly income is $7225. In last few years, 3 of 4 heating units have been replaced and every unit has new LVP flooring and countertops.
Source: SparkMLS
Asking $342,000.
Estimated annual property tax: $2,770, or about $231 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
LOT 15 ORCHARD ACRES VIL OF CONSTANTINE.
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Garrett Hall
HG Real Estate
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
201 Orchard Street, Constantine, MI 49042
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Municipality
Constantine Village
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