$495,000
$539,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
211 S Hughston Street Mcbain, MI 49657
984 SqFt
Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 984 sqft
Price per Sqft $503
Subdivision Mi
MLS Listing ID 1332931
Sold Date 11/22/22
Year Built 2000
Lot Size 1.050 Acres
Acres 1.05
Lot Dimensions 125x291x215x296
Property Description
This 6-Plex apartment unit offers prime rental properties in the sought after McBain school district! Rental properties are scarce and the demand is high, so keeping the units rented is easily accomplished. If you would like to acquire more rental properties, or are thinking about getting into the business for the first time, this is your opportunity! This one building with six rental units on 1 acre also offers further opportunities for expansion if that is what you are looking for! Built in 2000, each unit has 1 bedroom and 1 bathroom on the 709 square foot main floor, 1 bedroom on the finished 275 square foot lower level, and an additional 435 square feet of unfinished space in the lower level that can be used for storage or recreation. Renters are already in place, and with a strong demand for rentals and not enough offered in the area, you should never be concerned about empty units. What are you waiting for? Schedule your showing appointment now!
Location
State MI
County Missaukee
Area Riverside Twp (57014)
Zoning Residential
Rooms
Basement Egress/Daylight Windows, Poured, Full, Outside Entrance, Partially Finished, Walk Out
Interior
Interior Features Window Treatment(s)
Heating Baseboard, Hot Water
Appliance Dryer, Range/Oven, Refrigerator, Washer
Building
Foundation Basement
Water Public Water
Schools
School District Mcbain Rural Agr School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
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Bought with City2Shore Real Estate Northern Michigan