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Keller Williams

317 MAPLE ST, Sault Ste Marie, MI 49783

$69,000
Property Type: MultiFamily Status: Sold
Current Price: $69,000 List Date: 4/07/2016 Last Modified: 8/27/2024

Overview

Description

Located in Downtown Sault Ste. Marie, this 6 unit furnished apartment house is priced to sell. Financials show strong return on investment. Units are approved by community action and the VA for housing subsidies.

Listing Details MLS# 16-416

Contract Information

For Sale or Rent
For Sale

Property Information

Type
Apartments
Realtor.com Type
Multi-Family
Garage
No
Utilities
Separate
Number of Units
6
Source of sq. ft.
Agent measurement
Waterfront
No
Water View
No
Lake/Rvr/Creek/Strm
None
Year Built
1920
Property Condition
Good
Insulation
Yes
Parking
6 Cars
Duplicate
No

Location Tax and Legal

Area
12 - Sault Ste. Marie (East)
Unit #/St #/Space #
317
Street Name
MAPLE
Street Suffix
ST
State
MI
Zip Code
49783
County
CHIPPEWA

Directions and Remarks

Directions
Ashmun Street - East on Maple Street to property address.
Hot Sheet Comment
new
Book Msg 2
*** NEW LISTING ***

Sold Info

Sold Date
2016-06-21

Annual Income

Total Gross
28860
Net Income
13309

More Information

Annual Expenses

Advertising
200
Insurance
1726
Management
1800
Maintenance
2844
Garbage
492
Electric
1110
Heat
2895
Water
2060

Unit 1

# Bedrooms
Yes
# Baths
Yes
Rent
450
Occupied
Yes
Appliances Incl
Yes & Furnished

Unit 2

# Bedrooms
Yes
# Baths
Yes
Rent
450
Occupied
No
Appliances Incl
Yes,Studio,Furnished

Unit 3

# Bedrooms
Yes
# Baths
Yes
Rent
450
Occupied
Yes
Appliances Incl
Yes, Furnished

Unit 4

# Bedrooms
Yes
# Baths
Yes
Rent
425
Occupied
No
Appliances Incl
Yes, Furnished, AC

Unit 5

# Bedrooms
Yes
# Baths
Yes
Rent
400
Appliances Incl
Yes, Furnished

Unit 6

# Bedrooms
Yes
# Baths
Yes
Occupied
Yes
Rent
500
Appliances Incl
Yes, Furnished

Property Features

Documents on File: Financial Details; Lead Base Paint Occupancy: Tenant Construction: Frame Exterior: Wood Util Pd By Owner: Gas; Electricity; Water; Garbage Miscellaneous: Separate Meters Number of Stories: Three or More Possession: Negotiable Showing Instructions: 24 Hr Notice; Appointment Only; Key in Office
Listing Office: CENTURY 21 Advantage Plus
Listing Agent: Julie Wiater
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.