Description
5 unit apartment building with sought after cash flow. the unit includes: 1- 4 bedroom unit with 2 baths, 3 - 2 beds with 1 bath, 1 - 1 bedroom & bath. gas & electric is separate in each unit. building has 1 water line with 1 meter but if you bring in 4 additional water lines each unit would be able to be metered separately. each unit has it's own hot /cold water lines & water heater. this building is in a r1 zone. gross rents are $5,450 monthly and increases to $5,730 july 1 2025. long term tenants that pay rent in a timely manner when it is due on the 1st of the month. no tenants are in arrears for rent. coin washer & dryer is on the premises. all units are currently occupied so 24 hr notice is required. unit #1 rent is $1,150 monthly, #2 $850 (1,150 july 1, 2025) #3 $1,000, #$4 $1,150, #5 $1,400. landlord pays water for units 1-5. gas for units 1, 2 & 4. electric for units 1, 2& 4. all leases on a month to month except for unit #5.
Property Type
MultifamilySubdivision
Howard PlatCounty
Saint ClairStyle
MultifamilyAD ID
49938688
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 5.5
- Full Baths: 5
- Half Baths: 1
Heating & Cooling
- Heating: Forced Air,Separate Meters
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1932
- Building Stories: 2 Story
- Total Units: 5
- Foundation/Basement: Basement
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.14
- Dimensions: 60 x 98.73
Property Information
- SQ ft: 3682
- Subdivision: HOWARD PLAT
- Financing: Cash
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Listing Information
Listing Price Information
- Original List Price: $324,900
Listing Information
- Possession: At Close
- Legal Description: 3 & 4 EX W 40 Ft HOWARD PLAT
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,120
- Parcel Number: 74064370003000
Possession
- At Close
Legal Information
- Legal Description: Section: 3 & 4 EX W 40 Ft HOWARD PLAT
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 06/09/2025 @ 05:51
- MLS: 627833621
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 0 bedrooms which is recently sold, it has 3,682 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.