Harrison Twp, MI 48045,24965 MURRAY

$885,000

$950,000

6.8%
Est.Price: ?

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Est. payment /mo

2 Beds

10.5 Baths

1,598 SqFt


SOLD DATE : 09/08/2020

Key Details

Sold Price $885,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,598 sqft

Price per Sqft $553

Subdivision Marilynns Meadows Condo

MLS Listing ID 58050019049

Sold Date 09/08/20

Bedrooms 2

Full Baths 7

Half Baths 7

Originating Board MiRealSource

Year Built 1994

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 236x165

Property Description

This well maintained 7 unit residential rental property is an excellent investment opportunity in Harrison Township. All 7 units are occupied by tenants who have all been renters for more than their initial 1 year lease, with 3 tenants being more than 5 years. Gross annual rents on current leases is 95,700. Operating expenses 30,303, net operating income 65,397 3 duplexes,1 single stand alone family home. 7 units total. Each unit has 2 bedrooms and 1.5 baths and a 1 car garage. The complex has been set up as a condo but no association has been set up. Owner will only sell as a package! Near 100% occupancy. Very little, if any turn over.Per public record sq footages range from 1445 to 1598 per unit. Separate meters for each unit. Tenant pays all utilities, owner cuts the lawn. Very spacious units great location across from the lake.Inspection and preview of each unit only available after acceptable offer has been submitted. Information deemed reliable but not Guaranteed

Location

State MI

County Macomb

Area Harrison Twp

Zoning Residential

Interior

Heating Other

Cooling Central Air

Exterior

Pool No

Garage 1

Building

Foundation Slab

Sewer Sewer-Sanitary

Water Municipal Water

Level or Stories 2 Story

Schools

School District Lanse Creuse

Others

Pets Allowed Yes

Tax ID 1136412007

SqFt Source Assessors

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Realcomp MLS
Listed by Real Estate One-Clinton
Bought with RE/MAX First
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130 W 5th Ave, Oak, MI, United States

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