My Company's Active Listings

$245,000 (USD)
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Sanford Area Multi-Family Home

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2043/2047 N Neiner Road Sanford, MI 48657

4 Bed
3 Baths
2000 sqft
MLS# 50207508
INVESTORS - HERE'S YOUR PLACE! This roomy side-by-side duplex offers rental income and a great location within the heart of the sought after Jerome Township/Meridian Schools. Each unit features an open living floor plan and in-unit laundry, making it a popular choice for tenants. The garage side unit has a new tenant paying $1250/mo on a one-year lease. This unit is a 2 bed/2 full bath with an attached 2 car garage (appx 1280 sf of living space). The seller (who is a licensed builder in the area for over 30 years) built this duplex and lived in this space years ago. His attention to the details is evident in touches like a dedicated foyer, oversized master bath with soaker tub and separate shower and a generous walk in closet. This unit offers fridge, range, dishwasher, microwave, washer and dryer. Seller has installed new windows, new flat finish ceiling and new flooring in that side. The front deck is also new and driveway has had gravel added and graded. The smaller unit is two bed, 1 bath with a generous open concept living plan. It has a fridge, range, washer and dryer included. This unit is rented for $600/mo. and is also a one-year lease. Neither of the secondary bedrooms have closets although they do have egress. Separate electric and natural gas meters; water is on a shared yoke and could be included in rent or divided as per landlord wishes. This well maintained property has been consistently rented for decades! Come and see it today! When higher interest rates flatten the residential market, the rental market still performs.
Listing Courtesy of MIREALSOURCE / Listed By: Anna Merillat, Coldwell Banker Professionals
$245,000 (USD)
Active

Sanford Area Multi-Family Home

Active

2043/2047 N Neiner Sanford, MI 48657

4 Bed
3 Baths
2000 sqft
MLS# 50205035
INVESTORS - HERE'S YOUR PLACE! This roomy side-by-side duplex offers rental income and a great location within the heart of the sought after Jerome Township/Meridian Schools. Each unit features an open living floor plan and in-unit laundry, making it a popular choice for tenants. The garage side unit has a new tenant paying $1250/mo on a one-year lease. This unit is a 2 bed/2 full bath with an attached 2 car garage (appx 1280 sf of living space). The seller (who is a licensed builder in the area for over 30 years) built this duplex and lived in this space years ago. His attention to the details is evident in touches like a dedicated foyer, oversized master bath with soaker tub and separate shower and a generous walk in closet. This unit offers fridge, range, dishwasher, microwave, washer and dryer. Seller has installed new windows, new flat finish ceiling and new flooring in that side. The front deck is also new and driveway has had gravel added and graded. The smaller unit is two bed, 1 bath with a generous open concept living plan. It has a fridge, range, washer and dryer included. This unit is rented for $600/mo. and is also a one-year lease. Neither of the secondary bedrooms have closets although they do have egress. Separate electric and natural gas meters; water is on a shared yoke and could be included in rent or divided as per landlord wishes. This well maintained property has been consistently rented for decades! Come and see it today! When higher interest rates flatten the residential market, the rental market still performs.
Listing Courtesy of MIDLAND BOARD OF REALTORS / Listed By: Anna Merillat, Coldwell Banker Professionals
$244,900 (USD)
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Melvin Area Single Family Home

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1296 Main Street Melvin, MI 48454

4 Bed
3 Baths
1885 sqft
MLS# 50206646
If owning a post office building with rentals is your dream, here it is!!! This unique property is in the heart of Melvin. Own your own post office building with newly negotiated lease. The lower front unit, which currently is leased to the US Post office for $849.75 last Oct 1 with a five year lease. USPS has been a tenant since 1930....94 years of continuous service! In addition, There are two residential apartments, an upper leased at $625 and lower unit at $700. Both are leased below current market rates due to long term tenants. Apartments are on a month to month contract. Both apartments are 2 bedroom and in well maintained condition. There is a common area that has washer-dryer. Attached garage stores the lawn implements that go with sale. There is a nice storage shed in the spacious back yard that overlooks farm fields. The current owner has put in over 40k in improvements since purchase. Just in the last three years including: New roof for back apartment and Garage, Upgraded/Modernized Main Electric Panel, Installed new Well pump and piping, Installed new double windows in lower apartment unit, New Refrigerator in upstairs apartment, Tuck Pointing - Re-Grouting brickwork of Post Office exterior, Installed New 50 gal Water Heater, New toilet & new commercial grade flooring for Post Office, Installed new 30 foot Commercial Flag Pole, Installed new Modern Closed System Gas Boiler unit. See photo gallery for list of improvements. This building has been well maintained and is one of the original buildings in town. It is located across from the Melvin hogtown Tavern. Great opportunity for the investor in a small town community.
Listing Courtesy of MIREALSOURCE / Listed By: Robert "Bob" Kean, Coldwell Banker Professionals