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About the Listing 661002084319 - 66161002454269
GREAT Investment opportunity in the booming town of Marshall. This rare opportunity to purchase a FULLY leased 4-unit apartment building generating over $3,700 per month ($44,400 annually) in gross rental income. This approximately 2,800-square-foot property provides immediate cash flow with long-term appreciation potential due to below-market rents in one of Michigan's strongest small multifamily markets, driven by the construction of the Ford BlueOval Plant. In addition, there is also a possibility of a 5TH APARMENT on the 3rd Floor. Owner is also selling 607 W Prospect (3-unit) next door, which opens up possibilities for portfolio buyers to increase their footprint within the same street.
Listing Highlights
Interior Details
- Bedrooms: 4
- Appliances:
- Air Cond:
- Heating: Hot Water,Natural Gas
- Fireplaces:
- Floor:
- Basement:
- Other: Laundry Facility,Cable Available,Hot Water
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 66 x 165
- Roof: Composition
- Others: Wood,Paved,Pub. Sidewalk
- Sewer: Sewer (Sewer-Sanitary),Storm Drain
Financial Details
- Tax Amount: $9,043
- Taxes w/Assessments: N/A
- Tax/Property ID: 5300023400
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
611 W Prospect St Marshall, MI 49068
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