68251-59 Main Street

    Richmond, MI 48062
    • $309,900
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 2200011561
    UPDATED: 56 min ago
    $309,900
    • 0
      BEDS
    • N/A
      ACRES
    • 6
      BATHS
    • 2
      1/2 BATHS
    • 7,000
      SQFT
    • $44
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:
    Area:
    Zoning:
    Commercial
    Lot Size Dimensions:
    40X150

    School Ratings & Info

    School District:

    Description

    68251 - 68259 MAIN STREET - (M-19). 2 STORES AND 6 APARTMENTS LOCATED IN DOWNTOWN RICHMOND. SEPARATE GAS AND ELECTRIC. LANDLORD PAYS WATER. ALL APARTMENTS ARE 2 BEDROOMS WITH PARKING IN THE REAR. GARAGE FOR EXTRA STORAGE. NOI PROVIDES A GREAT RETURN ON INVESTMENT. NOTE LAND CONTRACT TERMS AVAILABLE. PLEASE DO NOT DISTURB TENANTS.

    Monthly Payment Calculator



    © 2020 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Springview Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2020-02-23T23:56:13.28.
    www.springviewrealty.com/homes/103147849

    68251-59 Main Street Richmond, MI 48062

    • Price: $309,900
    • Status: Active
    • Updated: 56 min ago
    • ID#: 2200011561
    0
    Beds
    6
    Baths
    2
    ½ Baths
    N/A
    Acres
    7,000
    SQFT
    $44
    $/SQFT
    1927
    Built
    Neighborhood:
    Richmond Twp
    County:
    Macomb
    Area:
    Richmond Twp
    School District:
    RICHMOND
    Property Description
    68251 - 68259 MAIN STREET - (M-19). 2 STORES AND 6 APARTMENTS LOCATED IN DOWNTOWN RICHMOND. SEPARATE GAS AND ELECTRIC. LANDLORD PAYS WATER. ALL APARTMENTS ARE 2 BEDROOMS WITH PARKING IN THE REAR. GARAGE FOR EXTRA STORAGE. NOI PROVIDES A GREAT RETURN ON INVESTMENT. NOTE LAND CONTRACT TERMS AVAILABLE. PLEASE DO NOT DISTURB TENANTS.
    Exterior Features

    Architecture Level 2 Story Architecture Style Other Construction Materials Brick Foundation Details Basement Foundation Materials Brick Lot Size Dimensions 40X150 Pool YN No Road Frontage Feet 40 Road Frontage Type PavedPub. Sidewalk Waterfront YN No

    Interior Features

    Basement Type Unfinished Basement YN Yes Baths Total 6.20 Heating Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Combined 7000 Sq Ft Total Basement 3000 Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 6 Water Heater Fuel Natural Gas

    Property Features

    Deposit Amount 70000.00 Encroachment YN No Gross Scheduled Income 53640.00 Income Projection Actual Inventory List YN No Land Contract YN Yes Land Interest Rate 7 Land Payment 1700 Land Terms 120 Legal Rental Certified YN No Listing Financing CashConventionalLand Contract Monthly Rental Income 4470 Net Operating Income 41300.00 Number Of Units Leased 8 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Richmond Protection Period 180 Restrictions YN No Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 3273.0000 Tax Amount Winter 57.0000 Title Private - Owned Total Tax 3330.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 68251-59 Main St Water Source Municipal Water Zone Conform YN Yes Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via F L Andary Realty Company Inc and Realcomp, ©2020 Realcomp II Ltd. Shareholders.


    © 2020 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Springview Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2020-02-23T23:56:13.28.
     
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