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68251-59 Main Street

$ 399,900
68251-59 Main ST ,
96
Active

Description

68251 – 68259 MAIN STREET – (M-19). 2 STORES AND 6 APARTMENTS LOCATED IN DOWNTOWN RICHMOND. SEPARATE GAS AND ELECTRIC. LANDLORD PAYS WATER. ALL APARTMENTS ARE 2 BEDROOMS WITH PARKING IN THE REAR. GARAGE FOR EXTRA STORAGE. NOI PROVIDES A GREAT RETURN ON INVESTMENT. NOTE LAND CONTRACT TERMS AVAILABLE – PURCHASE PRICE $365,000

Address: 68251-59 Main ST
City:
State/County:
Zip: 48062
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Property Id : 25035
Price: $ 399,900
Bedrooms: 6
Bathrooms: 6.2
Building size: 0.00 acres
Available Space: 7000 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Other
Basement Type: Unfinished
Baths Full: 6
Baths Half: 2
CDOM: 135
Construction Materials: Brick
County Or Parish: Macomb
Deposit Amount: 85000.00
Directions: NORTH OF 32 MILE RD., / WEST OF MAIN STREET
Directions From EastWest: W
Directions From EastWest Detail: Main Street
Directions From NorthSouth: N
Directions From NorthSouth Detail: 32 Mile Rd.
DOM: 135
Foundation Details: Basement
Foundation Materials: Brick
Frontage Feet: 40
Gross Scheduled Income: 52500.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Actual
Land Interest Rate: 7
Land Payment: 1900
Land Terms: 120
Last Change Type: Price Increase
List Office Name: F L Andary Realty Company Inc
Lock Box Type: Appointment
Living Area Source: Estimated
Lot Size Dimensions: 40X150
MLS: Realcomp II Ltd
MLS Area Major: Richmond Twp
MLS Area Major Number: 03031
MLS Number: 219076267
Monthly Rental Income: 4375
Number Of Units Leased: 8
Annual Net Income: 40200.00
Number Of Units Total: 8
Original List Price: 339900.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 0601161005
Postal City: Richmond
Property Type: Multifamily
Protection Period: 180
Road Frontage Type: Paved,Pub. Sidewalk
Room Count: 0
School District: Richmond
Settlement: City
Sewer: Sewer at Street
Short Sale: No
Sqft Source: Estimate
State Equalized Value: 77700.0000
Street Name: Main
Street Number: 68251-59
Street Suffix: Street
Sqft Combined: 7000
Sqft Total Bsmt: 3000
Table: Multi Family
Tax Amount Summer: 3273.0000
Tax Amount Winter: 57.0000
Tax Legal Description: ASSESSOR'S PLAT NO 6, BEING A REPLAT OF THE TOWN OF RIDGEWAY EXCEPT BLK A AND EXCEPT LOTS 4 TO 10 OF BLK M LOT 114. CITY OF RICH
Title: Private - Owned
Total Tax: 3330.0000
Unit Count: 0
Unit Efficiency Number Of: 0
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: 6
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1927
Zoning: Commercial
Customer Comment: Yes
Encroachment: No
Inventory List: No
Land Contract: Yes
Legal Rental Certified: No
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Zone Conform: Yes
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via F L Andary Realty Company Inc and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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