Algonac, MI 48001,521 STATE Street

$400,000

$624,900

36.0%
Est.Price: ?

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Est. payment /mo

12 Beds

12 Baths

7,552 SqFt


SOLD DATE : 08/29/2022

Key Details

Sold Price $400,000

Property Type Multi-Family

Sub Type Upper/Lower Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 7,552 sqft

Price per Sqft $52

Subdivision Assessors Plat No 1-Algonac

MLS Listing ID 2220032279

Sold Date 08/29/22

Style Upper/Lower Apartment

Bedrooms 12

Full Baths 12

Originating Board Realcomp II Ltd

Year Built 1970

Annual Tax Amount $6,331

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions 150.00X120.00

Property Description

Twelve unit Multi-Family building featuring (Eight) One bedrooms units & (Four) Two bedroom units. Eight of the Twelve units have been updated. Newer roof & mechanicals. Algonac is a great location for rentals with a demanding market and low inventory of availability. Current owner has always been proactive on maintenance & repairs. Do not miss this opportunity on a great income producing asset.

Location

State MI

County St. Clair

Area Algonac

Zoning Multi-Family

Direction North side of Pointe Tremble & East side of State St.

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Wall Unit(s), Window Unit(s)

Fireplace no

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Roof Type Asphalt

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Upper/Lower Apartment

Level or Stories 2 Story

Structure Type Brick

Schools

School District Algonac

Others

Pets Allowed Yes

Tax ID 74011110012000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2020

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Keller Williams Lakeside
Bought with Keller Williams Lakeside
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130 W 5th Ave, Oak, MI, United States

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