Apartments (8 units)

Belleville, Michigan - Directions: i94 to Rawsonville, south to Willis, east to property S I-94 E Rawsonville

  • Asking Price: $349,900
  • Terms: $100,000 down/Land Contract
  • Square Feet: 6,064
  • Land Size: 2 acres
  • Gross Rental Income: $57,600
  • Net Operating Income: $38,500

Summary:

This is a beautiful, excellent cash flowing, 8 unit, all 2 BR ranch style brick apartment complex. Since 2004, new roof, windows, parking lot and drive, units painted and updated. Utilities separately metered. Individual gas F/A furnaces and wall mounted A/C units. Site plan approved for additional 8 unit building. Common laundry room with additional revenue and storage for tenants. DO Not approach tenants. Buyer's agent to verify all information.