Description
One of two properties being offered. the adjacent 8 unit (identical to this one) can also be purchased for the same price.
village court apartments consist of 8 units nestled in ortonville, mi. the property consists of 8 two bedroom one bath apartments, 750 square feet each. the property is currently 100% occupied grossing over $10,065 per month in gross revenue.
there are four buildings for the 16 units on the property - all built in 1970. the property is on a private septic and sewer system - that is maintained by the current owner. this reduces the water burden cost on the tenant, as well as the landlord. the units are equipped with electric baseboard heat, and tenants are allowed to bring an ac unit into their apartment. the units are individually metered for electric (tenant paid) and there is no gas on the property. there is ample parking for the 16 units - the property sits on 2.5 acres. each unit has its own stacked washer and dryer, a huge amenity for tenants.
Property Type
MultifamilyCounty
OaklandStyle
FarmhouseAD ID
50114191
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 8
- Full Baths: 8
Heating & Cooling
- Heating: Baseboard
- Heating Fuel: Electric
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Exterior Features
Building Information
- Year Built: 1970
- Building Stories: 2 Story
- Total Units: 8
- Foundation/Basement: Slab
- Architecture: Farmhouse
Exterior Features
- Construction: Shingle Siding
Utility Features
- Sewer: Septic Tank (Existing)
Water
- Well (Existing)
-
Property / Lot Details
Lot Information
- Lot Size: 1.21
- Dimensions: 208x208
Property Information
- SQ ft: 14100
- Financing: Cash,Conventional
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Listing Information
Listing Price Information
- Original List Price: $1,150,000
Listing Information
- Possession: At Close
- Legal Description: T5N, R9E, SEC 7 PART OF SE 1/4 BEG AT PT DIST N 78-39-40 W 164.91 FT & N 00-43-20 W 323.48 FT FROM SE SEC COR, TH N 00-43-20 W 308.25 FT, TH N 89-16-40 E 175.52 FT, TH S 00-30-10 W 311.54 FT, TH N 89-37-52 W 168.89 FT TO BEG 1.225 A 4-25-19 FR 042 TO 049 INCL
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Taxes / Assessments
Tax Information
- Annual Tax: $13,976
- Parcel Number: 0307476051
Possession
- At Close
Legal Information
- Legal Description: Section: T5N, R9E, SEC 7 PART OF SE 1/4 BEG AT PT DIST N 78-39-40 W 164.91 FT & N 00-43-20 W 323.48 FT FROM SE SEC COR, TH N 00-43-20 W 308.25 FT, TH N 89-16-40 E 175.52 FT, TH S 00-30-10 W 311.54 FT, TH N 89-37-52 W 168.89 FT TO BEG 1.225 A 4-25-19 FR 042 TO 049 INCL
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 20
Multi-Unit Information
- Road Frontage: Paved
Unit 2 Information
- # of Bedrooms: 8
-
School, Utilities & Location Details
Utility Information
- Water:Well (Existing)
- Sewer:Septic Tank (Existing)
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BuyOwner last updated this listing 06/28/2025 @ 00:13
- MLS: 628422882
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 16 bedrooms which is for sale, it has 14,100 sqft, 1 sized lot, and 0 parking. are nearby neighborhoods.