$58,334
$69,900
16.5%For more information regarding the value of a property, please contact us for a free consultation.
420 Maple Ithaca, MI 48847
1,200 SqFt
Key Details
Sold Price $58,334
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $48
Subdivision Phillips' Addition
MLS Listing ID 79080007042
Sold Date 07/28/23
Style Duplex
Originating Board Central Michigan Association of REALTORS®
Year Built 1900
Annual Tax Amount $2,012
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 66x165
Property Description
This is one of three duplex's available. The owner has been considering converting this back to a single family home for resale, but has halted work. This property has three beds in the lower unit, and two beds in the upper. Both units in this property are vacant so you could be making repairs/ updates to these units while the other two properties make the payments. Even with the repairs needed, these properties are a great deal at $35,000 a unit/ $210,000 for all 6 rental units. Great opportunity to start that rental portfolio, or live in one unit and rent the others to make the payments. The other two properties are located at 224 Woodworth St Alma, 112 Pine St. St Louis. Seller prefers to sell all three as a package.
Location
State MI
County Gratiot
Area Ithaca
Zoning Multi-Family,Residential
Interior
Hot Water Electric
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Waterfront no
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 2 Story
Schools
School District Ithaca
Others
Pets Allowed Yes
Tax ID 5245101200
Ownership Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with FIVE STAR REAL ESTATE - ALMA