This is one of three 4-pleses within a few blocks of each other and very close to MSU. They can be sold separately. Seller prefers to bundle them to possibly execute a 1031 Exchange. Closing date flexible. ALL 12 units: 2 BR, 1 full bath, 1 car garage + more off-street parking. ALL kit appliances & washers & dryers included. ALL 12 water heaters replaced +/- 2014. Security Lighting & Underground Sprinklers. These buildings stay 100% rented. Almost all of the units are month-to-month; great opportunity to increase the income. 8 units (this building and one other) have separately fenced yards, accessed by each unit’s rear door. Exteriors & Interiors beautifully maintained. Recent upgrades include new flooring, hardware, light fixtures & appliances; fresh paint. Most bedrooms have ceiling fans. Tenants pay their own utilities; Owner pays water, sewer, lawn care & snow plowing. This building also features a huge row of 4 oversized garages (+/- 2006); ALL windows and sliding glass door replaced (+/- 2011); and hardboard siding replaced. ALL financial records available to Serious Buyers. NO KNOWN DEFERRED MAINTENANACE!! MLS# 391172
Property Area: 1SM - Boz Main to Kagy Subdivision: Richards
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YEAR BUILT
1981
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ACRES
0.2962
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LIST DATE
2024-04-13
- Price: $1,300,000
- Status: Active
- Type: Quadruplex
- MLS: 391172
- Zip: 59715
- Property Area: 1SM - Boz Main to Kagy
- Subdivision: Richards
- Acres: 0.2962
- Year Built: 1981
- Water Features: None
- Appliances: Range, Refrigerator, Dryer, Washer
- Heating/Cooling: Baseboard Electric CeilingFans
- Roof: Asphalt
- Patio/Deck: Balcony,Covered,Porch
- Amenities/Safety Features: HeatDetector,SmokeDetectors
- Style: Contemporary, Fourplex
- Utility Services: PhoneAvailable, SewerAvailable, WaterAvailable
- Listing Date: 2024-04-13
- Listing Agent: Jaclyn Katz of Service Realty LLC