509 N Grant St

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Open House

$220,000

9 Beds 8 Baths 3,138 Sq.Ft.

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Description

East Side 8 unit Rental with a possible 9th unit. 7 1 bedroom and 1 2 bedroom unit. 2 units are basement units. Tenants pay gas and electric. Owner pays Water and Sewer. Each unit has its own furnace and there are 2 water heaters for the building. Rents are currently units 1 and 2 - $600, units 3,4,5 $550, unit 6 (2 bed) $700, unit 7 $570, and unit 8 $680 - -TOTAL - $4,800 plus 1 additional unit that could be finished for a total of over $5,000 per month. Parking lot to the south (which is currently leased to the owner) is for sale and MUST be purchased with this home to provide adequate parking.

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Location

509 N Grant Street, Bay City, MI 48708

Status

Sold

Property Amenities

Interior

Laundry room 0

Appliances Disposal, Range/Oven, Refrigerator, Gas

Total Bedrooms: 9

Full Bathrooms: 8

Other Interior Features Block, Partial

Area & Lot

Lot Area 4,791.6 Sq.Ft.

Living area 3,138 Sq.Ft.

MLS® ID 50095470

Year Built 1910

School District Bay City School District

Architecture Styles Contemporary

Type Multi-Family

Status Sold

Exterior

Air conditioning None

Heat type Forced Air, Natural Gas

Water Source Public Water

Sewer Public Sanitary

Other Exterior Features Wheelchair Access, Sidewalks, Street Lights, Vinyl Siding

Parking 3 or More Spaces

Finance

Sales Price $220,000

Real Estate Tax $5,651 yearly

Mike Meehleder

TITLE

Associate Broker

PHONE

989-450-2500

[email protected]

CONTACT AGENT