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$ 299,000
Est. payment /mo
Active Under Contract
508 Wright Street Breckenridge, MI 48615
0.83 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Municipality Wheeler Twp
Subdivision Wheeler Twp
MLS Listing ID 80056053
Year Built 1973
Lot Size 0.830 Acres
Acres 0.83
Lot Dimensions 165 x 208
Source MiRealSource
Property Description
8-Unit Apartment Complex – Breckenridge, MI This charming 8-unit apartment complex in Breckenridge features a unique Bavarian Alpine-style design that gives the property great curb appeal. Each unit is a cozy 1 bed, 1 bath with a kitchen, living space, baseboard heat, and a window air-conditioner. The building is fully rented, with each unit bringing in an average of $540 per month. The total gross monthly rent is $4,325, making it a strong income-producing property. Tenants each have their own electric meter and pay their own electric bills. The owner is responsible for water, sewer, dumpster service, lawn care, and snow removal. There’s also a coin-operated laundry room on-site, providing additional income. The property includes a paved parking lot for tenant convenience an
Location
State MI
County Gratiot
Rooms
Basement Slab
Interior
Heating Baseboard
Cooling Window Unit(s)
Exterior
View Y/N No
Building
Structure Type Wood Siding
Others
Acceptable Financing Cash
Listing Terms Cash
Listed by 43 NORTH REALTY