$625,000
Active

7351 N Dort Highway

Mt Morris, MI 48458
0.58 acres | #81024032268
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Fully occupied 10-unit apartment building. Please see docs for financials. Low expenses, slightly below market rents on the majority of units with room to increase. Minor improvements could increase NOI over time. Public sewer with a private well. Tenants pay separately metered electricity.

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, PhoneConnected
      • RoofComposition
      • Sewer InformationPublicSewer
      • MLS #81024032268
      • Property SubtypeMultiFamily
      • MLS #81024032268
      • Parcel Number1108501035
      • School DistrictMtMorris
      • Original List Price$625,000
      • Parking FeaturesAsphalt
      • Utility SourcePrivate
      • CountyGenesee
      • Taxes Annual$6,500
      • Cost625000
      • Acres0.58
      • Year Built1959
      • FoundationSlab
      • Days on Market (Cumulative)303

Location

DaLawn HarrisReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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