MLS # 26006985 (Michigan Regional Information Center (MichRIC))

FANTASTIC INVESTMENT OPPORTUNITY in a prime location! This well-maintained 4-plex features 3 spacious 1 bedroom apartments, each offering modern updated kitchens with appliances & renovated baths. The 4th unit is a newly remodeled efficiency apartment that's perfect for maximizing rental income. Three of the four units include washers & dryers adding extra appeal for tenants. Tenants pay their own gas and electricity. This multi-unit is situated in a highly desirable area close to shopping, dining, and everyday amenities. Whether you are a seasoned investor or just looking to expand your portfolio with a strong income producing asset, you need to consider this property. The sellers made that decision 48 years ago! Asking $349,500.
Source: SparkMLS
Final sale price: $325,000.
Property tax estimate: $3,704 per year ($309/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by City of Marshall; natural gas by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
MARSHALL CITY, LOWER VILLAGE N 59 FT OF W 87 1/4 FT OF LOT 1 BLK 12.
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Carole Shapiro
Berkshire Hathaway HomeServices Michigan Real Estate
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
City of Marshall
Municipal
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
222 N Eagle Street, Marshall, MI 49068
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Municipality
Marshall
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