Courtesy: Home Towne Real Estate
517-372-2273
Exceptional investment opportunity in the heart of Mason! 305 W Elm Street is a stabilized four-unit multifamily property offering immediate cash flow and long-term upside. Each of the four units features 2 bedrooms and 1 bathroom, providing a highly desirable layout for tenants. Currently generating approximately $4,500 per month in rental income, this property presents a rare value-add opportunity with rents significantly below current market rates, allowing investors the potential to increase revenue over time. Located in the highly sought-after Mason community, tenants enjoy convenient access to downtown Mason, local shopping, dining, parks, and major commuter routes. Whether you're looking to expand your portfolio, complete a 1031 exchange, or enter the multifamily market with a proven performer, this well-maintained asset offers stable occupancy, consistent income, and substantial future growth potential. Don't miss the chance to own a cash-flowing investment in one of Mid-Michigan's most desirable rental markets.
Mason is located in Michigan. Mason, Michigan has a population of 8,307. Mason is more family-centric than the surrounding county with 33.02% of the households containing married families with children. The county average for households married with children is 28.45%.
The median household income in Mason, Michigan is $70,493. The median household income for the surrounding county is $58,226 compared to the national median of $69,021. The median age of people living in Mason is 39.7 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 16.8 degrees. The average rainfall is approximately 34 inches per year, with 43.6 inches of snow per year.
