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Key Details
Sold Price $54,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70434641
Sold Date 11/04/24
Year Built 1960
Tax Year 2023
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 83x132
Property Description
This duplex is a fantastic opportunity for investors looking to implement the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat). Featuring split utilities, each unit operates independently, separate gas and electric meters making it perfect for generating rental income. With good bones, this property has great potential but needs work to reach its full value.For those interested in flexible financing, the seller is open to a land contract with $25,000 down, 10% interest, and $350 per month payments.
Location
State MI
County Newaygo
Area Newaygo (62029)
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Exterior Feature Other
Building
Foundation Basement
Water Public Water
Structure Type Other
Schools
School District Newaygo Public School District
Others
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with Stark Real Estate