MLS # 26016663 (Michigan Regional Information Center (MichRIC))

Two well maintained duplexes in residential neighborhood with one unit having 3 bedrooms, 1 1/2 baths and main floor laundry and other 2 bedrooms, 1 bath and laundry. Central air in each and ranch unit has 1 car attached garages . Tenants pay all utilities, including water, sewer and trash. These duplexes bring in $4100 month in gross revenue. Another duplex on an adjacent parcel and also adjacent four unit are also available for sale. Total gross monthly income is $7225.
Source: SparkMLS
Currently offered at $499,500.
Estimated annual property tax: $5,445, or about $454 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
COM NW COR SEC 25 T7S R12W VIL OF CONSTANTINE TH 89D 51M 0S E 924.08 FT TO POB TH N 89D 51M E 123.24 FT TH S 0D 2M 33S E 197.34 (REC AS 197.98 FT) TH S 89D 50M 28S W (REC AS S 89D 51M W) ALG N LN ORCHARD ACRES & ORCHARD ACRES #2 101.25 FT TH N 0D 2M 33S W 88 FT TH S 89D 51M W 22 FT TH N 0D 2M 33S W 110 FT TO POB. EST 0.53 A+/- (SPLIT FR/043-777-028-10 MAY/05)
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
488 Florence Road, Constantine, MI 49042
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Municipality
Constantine Village
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