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167 MAIN Street

$ 254,900
167 MAIN ST ,


Opportunity and investment potential! Commercial and Multi-family on high traffic road. Income producing property, 4 residential units and one rented commercial building. Garage and off street parking. Fully rented unit income projected up to $3200 per month. Actual amounts will vary based on occupancy and other conditions. Zoned 2B on rapidly developing street. Land Contract subject to acceptable credit and income. No virtual showings, licensed agent must accompany all showings. NEW ROOF ON COMMERCIAL BUILDING FALL OF 2019

Address: 167 MAIN ST
Zip: 48111
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Property Id : 25937
Price: $ 254,900
Bedrooms: 2
Bathrooms: 4
Building size: 0.31 acres
Available Space: 2815 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Quadruplex
Assessment: 0
Basement Type: Common,Unfinished
Baths Full: 4
Baths Half: 0
CDOM: 351
Construction Materials: Aluminum
County Or Parish: Wayne
Deposit Amount: 100000.00
Directions: Belleville road south to Main St. to property
Directions From EastWest: W
Directions From EastWest Detail: Columbia
Directions From NorthSouth: S
Directions From NorthSouth Detail: Main St.
DOM: 41
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 82
Gross Scheduled Income: 38400.00
Heating: Hot Water
Heating Fuel: Natural Gas
Income Projection: Projected
Land Interest Rate: 6
Land Payment: 0
Land Terms: Nego.
Last Change Type: Price Increase
List Office Name: RE/MAX Crossroads III
List Price By Acre: 822258.0645
Lock Box Type: Appointment/LockBox
Living Area Source: Public Records
Lot Size Dimensions: 82.50X165.00
MLS: Realcomp II Ltd
MLS Area Major: Belleville
MLS Area Major Number: 05112
MLS Number: 219088626
MF Parking: Unassigned/General
Monthly Rental Income: 3200
Number Of Units Leased: 1
Annual Net Income: 32000.00
Number Of Units Total: 4
Original List Price: 259000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 31084030135000
Postal City: Belleville
Postal Code Plus 4: 3328
Property Type: Multifamily
Protection Period: 180
Porch Type: Porch - Covered
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Van Buren
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Source: PRD
State Equalized Value: 129300.0000
Street Name: MAIN
Street Number: 167
Street Suffix: Street
Sqft Combined: 2815
Sqft Total Bsmt: 1100
Table: Multi Family
Tax Amount Summer: 6362.0000
Tax Amount Winter: 1417.0000
Tax Legal Description: 21D135 LOT 135 ASSESSORS BELLEVILLE PLAT NO. 4 T3S R8E L67 P71 WCR
Title: Private - Owned
Total Tax: 7779.0000
Unit Count: 2
Unit Efficiency Number Of: 2
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 2
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1955
Zoning: Commercial
Customer Comment: Yes
Encroachment: No
Land Contract: Yes
Legal Rental Certified: No
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via RE/MAX Crossroads III and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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