$379,000

FOR SALE

611 W Prospect Street, Marshall, MI 49068

Marshall, Mi, 49068

MLS #26051181

Subdivision: -

Building: -

- Beds

-/- Baths

- sqft

$ - /sqft

Property Details

GREAT Investment opportunity in the booming town of Marshall. This rare opportunity to purchase a FULLY leased 4-unit apartment building generating over $3,700 per month ($44,400 annually) in gross rental income. This approximately 2,800-square-foot property provides immediate cash flow with long-term appreciation potential due to below-market rents in one of Michigan's strongest small multifamily markets, driven by the construction of the Ford BlueOval Plant. In addition, there is also a possibility of a 5TH APARMENT on the 3rd Floor. Owner is also selling 607 W Prospect (3-unit) next door, which opens up possibilities for portfolio buyers to increase their footprint within the same street.

Property Features

-

Property Type
Condo/Co-Op/Villa/Townhouse
HOA Fee/Monthly
-
HOPA
-
Membership Fees
-
Appliances
-
Restrictions
-
Furnished
********
Flooring
-
No. of Floor
-
Terms Considered
-
Year Built
1905
Cooling
-
Pets Allowed
-
Amenities
-
Interior
-
Maintenance Fee Includes
-
Governing Bodies
-
Construction
-
Security
-
Heating
-
Garage/Carport
-
Dining Area
-
Exterior
-
Pet Restrictions
-
Parking
-
Application Fee
-
Water Access
-
Pool
-
Gated Community
-
Status
Active
Listing Office
Five Star Real Estate

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Listing Courtesy of: Five Star Real Estate