$60,257
$50,000
20.5%For more information regarding the value of a property, please contact us for a free consultation.
2903 Depot Street Orleans, MI 48865
0.5 Acres Lot
Key Details
Sold Price $60,257
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 19058380
Year Built 1900
Annual Tax Amount $1,820
Tax Year 2019
Lot Size 0.500 Acres
Property Description
AGGRESSIVELY PRICED - CASH TERMS ONLY! Downtown Orleans, Ionia County - 2 buildings, 5 units, currently renting 4...unit #5 is gutted and needing rehab. 4 units currently renting at $2,037 per month including (3) $20 pet fees. Large attached 4+ car pole building/shop currently for personal use but could be additional rental source - has 3 phase power. Utilities set up with 4 separate gas and electric meters - tenants pay electric and gas. 1 well and 1 septic services all units - see county record information on MLS. 48 hours required to show to allow for tenant notification with proof of cash funds available. No for sale sign on site. Excellent ROI - location and improvements that may be needed have been compensated in price.
Location
State MI
County Ionia
Area Grand Rapids - G
Interior
Heating Propane, Wall Furnace
Cooling None
Fireplaces Number 2
Exterior
Garage Paved
Waterfront No
View Y/N No
Roof Type Other, Composition, Metal
Building
Lot Description Corner Lot
Sewer Septic System
Structure Type Aluminum Siding, Wood Siding
New Construction No
Schools
School District Belding
Others
Acceptable Financing Cash
Listing Terms Cash
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