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Keller Williams

511 Cedar ST, Sault Ste Marie, MI 49783

$195,000
Property Type: MultiFamily Square Footage: 2,320 Status: Sold
Current Price: $195,000 List Date: 2/20/2024 Last Modified: 8/27/2024

Overview

Description

Attention Investors! This unique duplex offers the best of both worlds - an Owner-Occupied Rental in a prime location. Transform it back into a grand 5-6-bedroom home or keep it as is. The main floor boasts a spacious open concept 2-bedroom unit with a new custom kitchen, marble backsplash, granite double sink, and stainless-steel appliances. Enjoy the dining area with a wall of windows overlooking the fenced yard. There's also an enclosed front porch, a rear porch for added storage, access to the organized basement and huge yard. Plus, over half an acre of land, a 30x30 detached double garage, 2 sheds (8x8 & 12x12), and a well-maintained 2-bedroom second-floor apartment with built-ins, original hardwood floors, a lovely yard, and off-street parking. Don't miss this opportunity.

Listing Details MLS# 23-883

Contract Information

For Sale or Rent
For Sale

Property Information

Type
Duplex
Realtor.com Type
Multi-Family
Garage
Yes
Basement
Yes
Utilities
One Meter
Number of Units
2
Total SqFt.
2320
Source of sq. ft.
Appraiser
Total finished sq ft
2320
Abv grade fin sq ft
2320
Blw grde unfin sq ft
1440
Waterfront
No
Water View
No
Year Built
1930
Property Condition
Good
Parking
4
Duplicate
No

Location Tax and Legal

Area
12 - Sault Ste. Marie (East)
Unit #/St #/Space #
511
Street Name
Cedar
Street Suffix
ST
State
MI
Zip Code
49783
County
CHIPPEWA

Directions and Remarks

Directions
Johnston street north over canal bridge, left onto Cedar Street, 1st home on left side.
Hot Sheet Comment
price

Sold Info

Sold Date
2024-05-01

Annual Income

Total Gross
9000
Net Income
9000

More Information

Annual Expenses

Electric
1140
Water
1100
Total Expenses
2240

Unit 1

# Bedrooms
2
# Baths
Yes
Aprox SqFt
1440
Location
Yes
Occupied
Yes

Unit 2

Rooms
6
# Bedrooms
2
# Baths
Yes
Rent
750
Aprox SqFt
880
Location
2
Occupied
Yes
Appliances Incl
Yes

Property Features

Documents on File: Lead Base Paint; Seller's Disclosure Occupancy: Owner Occupied; Tenant Construction: Frame Exterior: Asphalt Shingle; Cedar; Wood Util Pd By Owner: Gas; Electricity; Water Miscellaneous: Common Water Htr; Common Heat Number of Stories: Two Possession: Negotiable; See Remarks U1 Features: Carpet; Fenced Area; Formal Living Area; Formal Dining Area; Kitchen/Dining Combo; Inside Utility Room; Washer/Dryer Hookups; Extra Storage U2 Features: Patio; Fenced Area; Living/Dining Combo; Kitchen/Dining Combo; Washer/Dryer Hookups; Pvt Outside Entrance Showing Instructions: 24 Hr Notice; Appointment Only; Lock Box; See Private Remarks
Listing Office: RE/MAX NorthStar Realty
Listing Agent: Jane Merrell
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.