A fantastic investment opportunity awaits with this well-maintained, 4-unit multi-family property, located in the desirable City of Brighton. This fully leased, income-generating building, offers four spacious units, each featuring 2 bedrooms and 1 full bathroom. Every unit has been recently remodeled and is equipped with essential appliances and air conditioning,… Read More providing comfortable living accommodations that appeal to long-term tenants. Main sewer line was replaced with driveway pending completion. Constructed of durable all-brick exterior, this property offers low-maintenance ownership while delivering reliable rental income. Additional features include, shared on-site laundry facilities located in the basement, adding convenience for residents, and a beautiful wooded lot that provides a peaceful, private setting, rarely found in multi-family properties. With all four units currently occupied, this is an ideal turnkey investment for both seasoned investors and those looking to expand their real estate portfolio. The established tenancy provides immediate cash flow from day one. Please note, this property is fully leased, and the privacy and quiet enjoyment of the tenants must be respected. Access to the units will be granted for inspections after an accepted offer. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of The Buckley Jolley R E Team, 810-229-7000
Listing Snapshot
Days Online
64
Last Updated
Property Type
Multi Family
Full Baths
4
Square Ft.
3,700
Lot Size
0.46 Acres
Year Built
1972
MLS Number
20261073573
Additional Details
Property Access
Frontage Type: Paved
Basement
Unfinished
Building
Built in 1972, Living area: 3700.0, Levels: Two, Construction Materials: Brick
Cooling
CeilingFans, CentralAir
Disclosures
ActualIncome, TaxesNotHomesteadExempt
Exterior Features
Patio/Porch Features: Covered, Deck, Patio, Porch
Foundation
Basement, Poured
Heating
ForcedAir, NaturalGas
Income
Gross ScheduledIncome: $67,430, Net Operating Income: $47,171
Laundry
CommonArea
Lot
0.46 acres, Dimensions: 133x121x177x170
Parking
Carport
Pets Policy
Allowed: No
Pool
None
Roof
Asphalt
Sewer
PublicSewer
Taxes
Parcel Number: 1831207014, Annual Amount: $17,169, Assessed Value: $299,000, Legal Description: T2N, R6E, SEC 31 JAMES B LEE'S ADDITIONAL PLAT OF THE VILLAGE (NOW CITY) OF BRIGHTON LOTS 55, 60 & 61 AND THE SLY 31.70 FT OF LOTS 56 & 59 AND THE SLY 1/2 OF LOT 62 EXC THEREFROM ALL THAT PT DESC AS FOLLOWS: BEG SW COR OF SAID LOT 61, TH N3*E ALG WLY LINE OF SAID LOTS 61 & 62 77.33 FT, TH N83*52'E 102 FT, TH S11*30'W 125.42 FT, TH N66*37'W 87.7 FT TO POB; ALSO EXC ALL THAT PT OF LOTS 56 59, 60 & 62 INCL IN THE FOLLOWING DESCRIBED PARCEL: BEG AT A PT ON THE WLY LINE OF SAID LOT 62 AND DISTANT N3*E 67.33 FT FROM THE SW COR OF SAID LOT 61, TH N3*E 10 FT, TH N83*52'E 132 FT, TH N3*E 28.86 FT, TH S66*37'E 76.55 FT, TH S83*52'W 203.9 FT TO POB CORR AND REWRITTEN FOR CLARITY 9-4-08 SPLIT 4/86 FROM 038, TAX CODE CORR FR 201-080 3/95, Zoning description: MultiFamily, Residential
Utilities
Water Source: Public
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