$395,000
Pending

602 Townsend

Midland, MI 48640
4430 sqft | 7 baths | #61050141846
Browse 16 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

THINK BIG ON TOWNSEND! Looking to invest in a multi-family property? This unique 7 unit apartment complex is ready for new ownership. Get ready for the gross rent income of $5,647 per month when fully rented. Featuring more than 4,000 square feet across one bedroom, two bedroom and studio units, this property offers immense potential. Currently 5 out of 7 units are filled. Tenant is responsible for electric and heat. Owner manages lawn care & snow removal. This 77 x 120 lot make the maintenance simple. Call today for more information!

  • Interior Details
      • HeatingSeparate Meters, Steam
    • Beds & Baths
      • Total Baths7.00
      • Bathrooms7
      • Full Baths7
  • Property Details
      • Square Feet4430
  • Construction Details
      • Property TypeInvestment
    • Condition
      • Year Built1913
  • Community and Neighborhood Details
      • ZoningResidential
      • School DistrictMidland
      • CountyMidland
      • RegionMidland
  • Financial Details
      • Original List Price$395,000
  • Other
      • MLS #61050141846

Location

Legal

Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.

Listing Courtesy
Listing Agent: Logan Richetti (#61000000214643)
Listing Office: Modern Realty (#61000000018041)

Joseph DarwishRe/Max Platinum
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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