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9275 Brookside Drive

Whitmore Lake, MI 48189
  • $400,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 22031199
UPDATED: 57 min ago
$400,000
  • 10
    BEDS
  • 0.18
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1979
County:
Area:

School Ratings & Info

School District:

Description

Can you say CASH FLOW?? This 5 unit in Whitmore Lake is in a perfect location. With all 5 units fully occupied, this investment will cash flow on purchase. Not to mention it's new owner will have $20K in equity at LEAST, plus room to grow on rents. This property was appraised last May 2021 for $420k (appraisal report available on request). Don't miss this opportunity!

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© 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2022-08-15T20:01:50.163.
www.c21northland.com/homes/131183860
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9275 Brookside Drive Whitmore Lake, MI 48189

  • Price: $400,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 57 min ago
  • MLS #: 22031199
10
Beds
5
Baths
0
½ Baths
0.18
Acres
1979
Built
Neighborhood:
Out Of Area
County:
Washtenaw
Area:
Out Of Area
School District:
Whitmore Lake
Property Description
Can you say CASH FLOW?? This 5 unit in Whitmore Lake is in a perfect location. With all 5 units fully occupied, this investment will cash flow on purchase. Not to mention it's new owner will have $20K in equity at LEAST, plus room to grow on rents. This property was appraised last May 2021 for $420k (appraisal report available on request). Don't miss this opportunity!
Exterior Features

Exterior Material Brick Lot Dimensions 8015 Number Of Buildings 1.00 Parking Spaces 12.0000 Road Frontage 0.00 Substructure Michigan Basement Waterfront No

Interior Features

Basement Yes Heat Source Natural Gas Heat Type Baseboard Sq Ft Unit1 800.00 Sq Ft Unit2 800.00 Sq Ft Unit3 800.00 Sq Ft Unit4 800.00 Sq Ft Unit5 800.00 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit4 Full Baths 1 Unit4 Half Baths 0 Unit5 Full Baths 1 Unit5 Half Baths 0

Property Features

Annual Property Tax 5968.86 Association Greater Regional Alliance Of Realtors Auction Or For Sale For Sale Gross Operating Inc 4550.00 Homestead Percentage 0.00 Multifamily Type 5+ Units Net Operating Inc 37363.00 New Construction No Owner Pays GasSewerTrash Collection Possession Close Of Escrow Rent Unit1 925.00 Rent Unit2 925.00 Rent Unit3 975.00 Rent Unit4 950.00 Rent Unit5 775.00 Sale Conditions None Sewer Public Tax Year 2021 Tenant Pays Electric Terms Available CashConventionalFhaVa Loan Util Avl At Street BroadbandCableElectricNatural GasPublic SewerTelephone Line Utilities Attached CableElectricNatural GasTelephone Line Water Well Zoning Commercial

Listing provided courtesy of Ryann Brier of Five Star Real Estate (Eastown). © 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2022-08-15T20:01:50.163.
 
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CENTURY 21 Northland
241 E State Street
Traverse City MI, 49684