508 Wright Street

Breckenridge, Michigan 48615

  • 0 Bed(s)
  • 0 Bath(s)
  • 500 Sqft
  • 0.83
    Acre(Lot)
$299,000

Description

8-unit apartment complex â€" 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 and an extra storage shed for maintenance supplies or owner use. this is a great investment opportunity in a peaceful, small-town setting with consistent rental income and value-added features.

  • Property Type

    Multifamily

  • County

    Gratiot

  • Style

    Apartment

  • AD ID

    49450988

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Property Details

  • Room Information

    • Porches: Porch

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Baseboard
    • Heating Fuel: Electric

    Water Heater

    • Electric

  • Building Information

    • Year Built: 1973
    • Building Stories: 2 Story
    • Total Units: 8
    • Foundation/Basement: Slab
    • Architecture: Apartment

    Exterior Features

    • Construction: Wood

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Electric

  • Lot Information

    • Lot Size: 0.83
    • Dimensions: 165 x 208

    Property Information

    • SQ ft: 500
    • Subdivision: Village of Breckenridge
    • Financing: Cash,Trade/Exchange

  • Listing Price Information

    • Original List Price: $299,000

    Listing Information

    • Possession: Subject To Tenant Rights
    • Legal Description: VILLAGE OF BRECKENRIDGE UNPLATTED COM ON N & S 1/4 LINE AT A PT LOCATED 728.9 FT S OF CEN OF SEC, TH E 165 FT, S 208.35 FT, W 165 FT, N 206.94 FT TO BEG, EX W 33 FT THEREOF, SEC 19-12-1.

  • Tax Information

    • Annual Tax: $3,556
    • Parcel Number: 4215001400

    Possession

    • Subject To Tenant Rights

    Legal Information

    • Legal Description: Section: VILLAGE OF BRECKENRIDGE UNPLATTED COM ON N & S 1/4 LINE AT A PT LOCATED 728.9 FT S OF CEN OF SEC, TH E 165 FT, S 208.35 FT, W 165 FT, N 206.94 FT TO BEG, EX W 33 FT THEREOF, SEC 19-12-1.

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/25/2025 @ 03:58

  • MLS: 625532622
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 0 bedrooms which is for sale, it has 500 sqft, 1 sized lot, and 0 parking. are nearby neighborhoods.