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Michael J.  Martin

Michael J. Martin
Broker/Owner
MJM Grand Properties
Milan, MI 48160

888-882-7355
Contact Us

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Listing 5 out of 13
$269,000 For Sale

167 Main Street
Belleville, MI 48111

4 units | Multi Family Home
13504 sq ft - MLS# 218102046
Property Photo

Description

Opportunity and investment potential! Commercial and Multi-family on high traffic road. Income producing property, 4 residential units and one rented commercial building. Garage and off street parking. Fully rented unit income projected up to $3200 per month. Actual amounts will vary based on occupancy and other conditions. Zoned 2B on rapidly developing street. Land Contract subject to acceptable credit and income. No virtual showings, licensed agent must accompany all showings.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Wayne County
  • Zip Code: 48111
  • Year Built: 1955
  • Subdivision/Neighborhood: Assr's Belleville Plat No 4
  • School District: Van Buren
  • Sq.Ft.: 2,815 sq ft
  • Style: Quadruplex
  • Units: 4 units
  • Full Baths: 4
  • Basement: Common, Unfinished
  • Lot Size: 13504 sq ft
  • Baths: 4
  • Zoning: Commercial
  • Architecture Level: 2 Story
  • Conforms To Zoning: Unknown
  • Construction Materials: Aluminum
  • Foundation Details: Basement
  • Foundation Materials: Block
  • Frontage Feet: 82
  • Gross Scheduled Income: 38400.00
  • Heating: Hot Water
  • Heating Fuel: Natural Gas
  • Income Projection: Projected
  • Listing Financing: Cash, Conventional, Land Contract
  • Lot Dimensions: 82.50X165.00
  • Monthly Rental Income: 3200
  • Net Operating Income: 32000.00
  • Number Of Units Leased: 1
  • Originating MLS: Realcomp Ii Ltd
  • Ownership Status: Private Owned, Short Sale - No
  • Parking: Unassigned/General
  • Porch Type: Porch - Covered
  • Rent Includes: Yard Maintenance
  • Road Frontage Type: Paved
  • Roof Material: Asphalt
  • Sewer: Sewer-Sanitary
  • Sqft Combined: 2815
  • Sqft Source: Prd
  • Sqft Total Bsmt: 1100
  • Unit Count: 2
  • Unit Efficiency Number Of: 2
  • Unit Two Bed Number Of: 2
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water
Courtesy of Re/Max Crossroads Iii



MJM Grand Properties | 888-882-7355 | Contact Us
10770 Darling Rd - Milan, MI 48160
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