$385,000
$405,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
12625 Shaftsburg Road, Perry, MI 48872 Perry, MI 48872
6 Baths
1.09 Acres Lot
Key Details
Sold Price $385,000
Property Type Commercial
Sub Type Income
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 270355
Style Ranch
Year Built 1974
Annual Tax Amount $4,275
Lot Size 1.090 Acres
Property Description
Great income opportunity in Perry School District! Very nice maintained ranch style 6 unit complex, each with 2 bedrooms, 1 full bath, kitchen, dining room & living room. Window A/C for each unit. Shared coin laundry room. 2022 updates, gross rents are approx. $55,000 and expenses are $18,000 with a cap rate at 9%! Convenient location close to highway near I-69 & M52. Please schedule your showing today.
Location
State MI
County Shiawassee
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Hot Water, Natural Gas, Passive
Cooling Window Unit(s)
Flooring Carpet, Vinyl
Laundry Common Area
Exterior
Exterior Feature Storage
Garage Asphalt, Side By Side
Fence None
Pool None
Community Features None
Utilities Available Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
Roof Type Shingle
Building
Lot Description Rectangular Lot
Foundation Slab
Sewer Septic Tank
Schools
School District Perry
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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