Description
Highest & best due by 4:00 p.m. 4/27/25. this is a fantastic opportunity to purchase a 4-unit complex in lovely ortonville!
unit 2 has been completely renovated with new flooring, bathroom, doors, kitchen, and appliances. unit 1 features updated bathrooms, luxury vinyl flooring, and new refrigerator and washer/dryer. unit 4 also has undergone complete renovation including flooring, bathroom, doors, kitchen, and appliances. unit 3 has a new washer & dryer and water heater.
electrical system have been fully replaced from the pole to the builidng, windows were upgraded to fiberglass in 2017 (12 across the front), the roof was replaced in 2022 with new shingles and some decking, and the well tank was updated in 2023. the property is in excellent condition. this produces good income and is in great shape. once touring unit 1 you've seen each units floorplan. this is a simple buy...for immediate income. 9% cap rate for cash on cash. contact patti for all the details. pull disclosures also for a list...
Property Type
MultifamilyCounty
OaklandStyle
Quadruplex,Upper/Lower ApartmentAD ID
49479929
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 4
- Full Baths: 4
Room Information
- Porches: Porch - Covered,Porch
Interior Features
- Cable Available,Laundry Facility,High Spd Internet Avail,Programmable Thermostat
- Roof : Asphalt
Heating & Cooling
- Cooling: Ceiling Fan(s),Central Air,Separate Meter
- Heating: Baseboard
- Heating Fuel: Electric
Water Heater
- Electric,Separate Meters
-
Exterior Features
Building Information
- Year Built: 1970
- Building Stories: 2 Story
- Total Units: 4
- Roof: Asphalt
- Foundation/Basement: Crawl
- Architecture: Quadruplex,Upper/Lower Apartment
Exterior Features
- Lighting
- Construction: Brick,Vinyl
Utility Features
- Sewer: Septic Tank (Existing)
Water
- Well (Existing)
- Water Heat: Electric,Separate Meters
-
Property / Lot Details
Lot Information
- Lot Size: 0.30
- Dimensions: 87x152
Property Information
- SQ ft: 3200
- Financing: Cash,Conventional,FHA,VA
-
Listing Information
Listing Price Information
- Original List Price: $375,000
Listing Information
- Possession: At Close
- Legal Description: T5N, R9E, SEC 7 NARRIN'S ADDITION N 87.6 FT OF LOT 3 BLK G
-
Taxes / Assessments
Tax Information
- Annual Tax: $6,094
- Parcel Number: 030735100
Possession
- At Close
Legal Information
- Legal Description: Section: T5N, R9E, SEC 7 NARRIN'S ADDITION N 87.6 FT OF LOT 3 BLK G
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Presently Zoned: 1
- Road Frontage: Paved
Unit 2 Information
- # of Bedrooms: 4
-
School, Utilities & Location Details
Utility Information
- Water:Well (Existing)
- Sewer:Septic Tank (Existing)
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BuyOwner last updated this listing 05/10/2025 @ 07:38
- MLS: 624480979
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 8 bedrooms which is recently sold, it has 3,200 sqft, 0 sized lot, and Lighted,Paved,Unassigned parking. are nearby neighborhoods.