$140,000
$150,000
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114 Irwin Avenue Albion, MI 49224
2 Beds
9,147 Sqft Lot
Key Details
Sold Price $140,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024026154
Sold Date 10/15/24
Bedrooms 2
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1900
Annual Tax Amount $2,600
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 83x109
Property Description
SELLER WILLING TO DO OWNER FINANCING. Impeccably maintained duplex boasting old world charm and updated modern amenities. From the moment you walk in, you are greeted by vaulted ceilings, beautiful hardwood flooring, large windows allowing for spacious sun filled rooms where shadows dance from the towering oak trees outside. The corner lot is large and situated among other large estates on Irwin Avenue boasting manicured yards and pride of ownership. This incredible property has vinyl siding, new furnaces, separated utilities with exception of water and long term tenants who are stable and pay rent on time. The upstairs had a total remodel in 2020 and downstairs is tastefully done with happy tenants. Cash flow is king with rents at $850 for the lower unit and $800 upstairs. Based on rental comparables, rents have room for improvement. If you are looking for a turn key, solid investment with strong cash flow, this property is a very strong contender.
Location
State MI
County Calhoun
Area Albion
Zoning Residential
Direction Irwin and Clinton Streets
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Waterfront no
Roof Type Composition
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal), Water at Street
Structure Type Vinyl
Schools
School District Albion
Others
Pets Allowed Yes
Tax ID 5100653800
Ownership Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with RE/MAX Perrett Associates - Marshall