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1058 PREMONT Avenue

$ 229,900


Multi unit rental property in Waterford. 5 one bedroom units and one efficiency. Building completely renovated in 2003. Features landlord friendly baseboard heat with independent in-unit thermostats.
Basement units have egress windows. Regularly inspected and up to code. Rental certification current. Fantastic Free Cash Flow! BATVAI

Address: 1058 PREMONT AVE
Zip: 48328
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Property Id : 26530
Price: $ 229,900
Bedrooms: 5
Bathrooms: 6
Building size: 0.13 acres
Available Space: 1922 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Colonial
Assessment: 0
Basement Type: Partially Finished
Baths Full: 6
Baths Half: 0
CDOM: 71
Construction Materials: Brick,Wood
County Or Parish: Oakland
Directions From EastWest: W
Directions From EastWest Detail: HURON
Directions From NorthSouth: s
Directions From NorthSouth Detail: TELEGRAPH
DOM: 71
Foundation Details: Basement
Foundation Materials: Block
Gross Scheduled Income: 48300.00
Heating: Hot Water
Heating Fuel: Natural Gas
Income Projection: Projected
Interior Features: Egress Window(s)
Last Change Type: Price Decrease
List Office Name: Veritas Realty Group
List Price By Acre: 1768461.5385
Lock Box Type: Appointment
Living Area Source: Public Records
Lot Size Dimensions: 50.00X38.30
MLS: Realcomp II Ltd
MLS Area Major: Waterford Twp
MLS Area Major Number: 02131
MLS Number: 219102771
Monthly Rental Income: 4050
Number Of Units Leased: 6
Annual Net Income: 36000.00
Number Of Units Total: 6
Original List Price: 249900.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 1325458019
Postal City: Waterford
Property Type: Multifamily
Protection Period: 180
Pets Allowed: No
Rent Includes: Garbage Pickup,Heat
Road Frontage Type: Paved,Pub. Sidewalk
Roof Material: Asphalt
Room Count: 0
School District: Waterford
Settlement: Township
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 46170.0000
Street Name: PREMONT
Street Number: 1058
Street Suffix: Avenue
Subdivision Name: HURON GARDENS
Sqft Combined: 2822
Sqft Lower Floor: 900
Sqft Total Bsmt: 961
Table: Multi Family
Tax Amount Summer: 1400.0000
Tax Amount Winter: 514.0000
Tax Legal Description: T3N, R9E, SEC 25 HURON GARDENS LOT 434
Title: Private - Owned
Total Tax: 1914.0000
Unit Count: 2
Unit Efficiency Number Of: 1
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 5
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 0
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1928
Zoning: Residential
Customer Comment: Yes
Encroachment: No
Existing Lease: Yes
Land Contract: No
Legal Rental Certified: Yes
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Zone Conform: No
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via Veritas Realty Group and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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