Description
Excellent 6-unit investment in the heart of stanton with $47,488/year gross income. two buildings: one single 1-bed/1-bath unit and five 1-bed/1-bath units. tenants pay gas/electric; owner covers water. steel roof (~2019), ample parking (2+ spaces per unit), and just a 1-minute walk to downtown. second floor renovated in 2023, main floor updated in 2021 and exterior wood siding freshly painted in 2024. strong rental history with upside potential in a prime location. great opportunity to add a turnkey property to your portfolio. seller has directed listing agent to hold all/any offers until 6/18/25 at noon. can be purchased as a package with 206 oak st (25020949) and 190 e sidney (25020948)
Property Type
MultifamilyCounty
MontcalmStyle
MultifamilyAD ID
49665068
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Property Details
-
Interior Features
Interior Features
- Other,Cable Available
- Roof : Metal
Heating & Cooling
- Heating: Baseboard
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 1900
- Total Units: 6
- Roof: Metal
- Foundation/Basement: Michigan Basement
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.38
- Dimensions: 82.5x132x82.5x132
Property Information
- Financing: Cash,Conventional
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Listing Information
Listing Price Information
- Original List Price: $350,000
Listing Information
- Possession: Subject To Tenant Rights
- Legal Description: N 1/2 OF LOTS 6 & 8 BLK 13 ORIGINAL PLAT CITY OF STANTON
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Taxes / Assessments
Tax Information
- Annual Tax: $3,598
- Parcel Number: 05311300100
Possession
- Subject To Tenant Rights
Legal Information
- Legal Description: Section: N 1/2 OF LOTS 6 & 8 BLK 13 ORIGINAL PLAT CITY OF STANTON
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 12
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 6
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 05/12/2025 @ 16:13
- MLS: 626201568
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 6 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and Paved parking. are nearby neighborhoods.