Business Opportunity

Multi-Family for Sale
Catylist Listing ID: 29738994
Property Subtypes: Duplex/Fourplex
Number of Units: 3 Units
Building Size (RSF): 1,200 SF
Gross Building Area: See Agent
Gross Land Area: 0.33 Acres
Sale Price: $56,900
Unit Price: $18,966.67 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2016

Overview / Comments

Multi family property - great investment! Includes duplex with 2 bedroom, 1 bath, laundry and porch. 1 bedroom with full bath, 22x32 garage with attached
potential studio apartment (needs final touches). Property has new 5 inch well, newer roof, new septic system, natural gas heat and shed. Great location for
rentals. Duplex is currently leased at $700/mth until December 1, 2015. Lease to be transferred to buyers name as landlord at closing. Owner leaving state.

Additional Details

Nearest MSA: Cadillac
County: Roscommon
Tax ID/APN: 011-473-064-0000
Highway Access: M-55 toward 127, left on Standard

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,892 5,088
Median Age: 50.12 51.72
Households: 869 2,403
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