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36241 HATHAWAY Street

$ 625,000


The subject property is well positioned to New Baltimore business district. Located in the area of single family homes. The New Baltimore area has various price points of housing that appeal to younger generation. The New Baltimore area appeals to the newer generation of buyers that are working close by and want a established downtown area. Moreover the area of the subject property has easy access to the lakes for recreation. The subject property will always appeal to the young generation that statistically wait till their late 20’s to purchase a home or middle age to senior customer that is looking for affordable apartment. The area has a low crime rate. Upon a tour of the area and property the apartments are well maintained in a excellent neighborhood. Note the sale consist of 2- 6 unit buildings 12- 1 bedroom units w a address of 36241, 36247 Hathaway No Showings make all offers subject to; Please do not disturb any of the Tenants in the Apartment building.

Address: 36241 HATHAWAY ST
Zip: 48047
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Property Id : 25984
Price: $ 625,000
Bathrooms: 12
Building size: 0.35 acres
Available Space: 9000 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Upper/Lower Apartment
Assessment: 12
Baths Full: 12
Baths Half: 0
CDOM: 211
Construction Materials: Block/Concrete/Masonry
County Or Parish: Macomb
Deposit Amount: 200000.00
Directions: North of Jefferson
Directions From EastWest: E
Directions From EastWest Detail: hathaway
Directions From NorthSouth: n
Directions From NorthSouth Detail: Jefferson
DOM: 17
Foundation Details: Slab
Foundation Materials: Block
Gross Scheduled Income: 81000.00
Heating: Hot Water
Heating Fuel: Natural Gas
Income Projection: Actual
Land Interest Rate: 6
Land Payment: 3000
Land Terms: 24
Last Change Type: New
List Office Name: CRS Commercial R E Serv
List Price By Acre: 1785714.2857
Lock Box Type: Appointment
Living Area Source: Owner
Lot Size Dimensions: 147.00X106.00
MLS: Realcomp II Ltd
MLS Area Major: New Baltimore
MLS Area Major Number: 03201
MLS Number: 219090030
Monthly Rental Income: 6750
Number Of Units Leased: 12
Annual Net Income: 50777.00
Number Of Units Total: 12
Original List Price: 625000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 0913406002
Postal City: New Baltimore
Postal Code Plus 4: 4109
Property Type: Multifamily
Protection Period: 100
Pets Allowed: No
Road Frontage Type: Paved
Room Count: 0
School District: Anchor Bay
Settlement: City
Sewer: Sewer at Street
Short Sale: No
State Equalized Value: 72800.0000
Street Name: HATHAWAY
Street Number: 36241
Street Suffix: Street
Subdivision Name: A/P # 04 NEW BALTIMORE
Sqft Combined: 9000
Table: Multi Family
Tax Amount Summer: 2683.0000
Tax Amount Winter: 959.0000
Tax Legal Description: ASSESSOR'S PLAT NO 4 PART OF LOT 102 DESC AS FOLLOWS: BEG AT NE COR BASE ST & HATHAWAY ST; TH N48*50'30"E 106.45 FT TO POB; TH N 40*57'45"W139.30 FT TO CEN CRAPO CREEK; TH N40*44'40" E 105.98 FT; TH S 41*07'30"E 154.58 FT; TH S 48*58'30" W 106.45 FT ALNG NWLY SIDELINE HATHAWAY ST TO POB.
Title: Private - Owned
Total Tax: 3642.0000
Unit Count: 1
Unit Efficiency Number Of: 12
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: 0
Water Source: Municipal Water
Year Built: 1966
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Existing Lease: No
Land Contract: Yes
Publish Sale Price: Yes
Waterfront: No
Basement: No
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via CRS Commercial R E Serv and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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