Fully Occupied! This 4-unit income property is now available for you to add to your rental portfolio with a solid return on investment. Each model has been updated within the last 5 to 10 years. Tenants are on 1 or 2 year leases and filling vacancies has been a quick and easy process with the high demand. Each unit has 1 bedroom, 1 bathroom. Units 2 and 3 have laundry hookups. Each unit has its own private fenced in area and is currently a pet friendly rental. Tenants pay their own utilities. Seller prefers a agreed upon and signed purchase agreement with a walk through contingency before any showing requests.
Welcome to a great investment property, included with the sale of this home is a secondary home 1116 W Klein st! The main home features a brand-new kitchen and bathroom, complete with modern appliances. Enjoy the convenience of main floor laundry, fresh carpet, and new paint throughout. The over sized garage offers ample storage and workspace, while the large yard provides plenty of outdoor space for relaxation and recreation. The additional home on the property can assist with other expenses as well, currently rented month to month.
3 unit multi family home in Mt. Morris Twp. Beecher schools. 2 units currently rented. Buyers agent to verify all information in this listing.
Fully occupied 10-unit apartment building. Please see docs for financials. Low expenses, slightly below market rents on the majority of units with room to increase. Minor improvements could increase NOI over time. Public sewer with a private well. Tenants pay separately metered electricity.
Mount Morris is located in Michigan. Mount Morris, Michigan has a population of 3,131. Mount Morris is more family-centric than the surrounding county with 28.63% of the households containing married families with children. The county average for households married with children is 23.76%.
The median household income in Mount Morris, Michigan is $37,500. The median household income for the surrounding county is $54,052 compared to the national median of $69,021. The median age of people living in Mount Morris is 32.3 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 32.5 inches per year, with 35.8 inches of snow per year.
