Package deal
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Package deal
3 Multifamily Properties Offered at $899,000 in Center Line, MI
Executive Summary
Prime investment opportunity, sold as a package Deal.
Three income single family home; 1- Property ID # 1327103019 2- Property ID # 1327106009 3- property ID # 1328281003 Rented out to long term tenants.
Annual income is about $60,000.00 and increases yearly based on market status. No need to stress looking & qualifying tenants, it is all done and ready for the next Landlord to Enjoy and start collecting Passive Income.
Each home has its "Rental Certificate Of Compliance" from the city of Center Line. All houses are Recently remodeled.
Please, and again please, do not disturb tenants, they have no knowledge of homes being listed for sale. "Thank you for understanding"
Buyer to obtain "City Certification Application" from the city
No Showings until an accepted offer
Email offers to: nadiasadrealtor@gmail.com
Three income single family home; 1- Property ID # 1327103019 2- Property ID # 1327106009 3- property ID # 1328281003 Rented out to long term tenants.
Annual income is about $60,000.00 and increases yearly based on market status. No need to stress looking & qualifying tenants, it is all done and ready for the next Landlord to Enjoy and start collecting Passive Income.
Each home has its "Rental Certificate Of Compliance" from the city of Center Line. All houses are Recently remodeled.
Please, and again please, do not disturb tenants, they have no knowledge of homes being listed for sale. "Thank you for understanding"
Buyer to obtain "City Certification Application" from the city
No Showings until an accepted offer
Email offers to: nadiasadrealtor@gmail.com
Taxes & Operating Expenses (Actual - 2024) |
Annual |
|---|---|
| Gross Rental Income |
$59,400
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$59,400
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $59,400 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $59,400 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
| Price | $899,000 | Status | Active |
| Price / SF | $288.60 / SF | Number of Properties | 3 |
| Sale Conditions | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 7% | Total Building Size | 3,115 SF |
| Sale Type | Investment | Total Land Area | 0.31 AC |
| Price | $899,000 |
| Price / SF | $288.60 / SF |
| Sale Conditions | 1031 Exchange |
| Cap Rate | 7% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,115 SF |
| Total Land Area | 0.31 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 7526 Superior, Center Line, MI 48015 | Multifamily | 949 SF | 1962 | - |
| 8059 Edward, Center Line, MI 48015 | Multifamily | 1,066 SF | 1956 | - |
| 8249 Coolidge, Center Line, MI 48015 | Multifamily | 1,100 SF | 1948 | - |
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