508 Wright Street

Breckenridge,MI 48615

$ 299000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Municipality Wheeler Twp

Subdivision Wheeler Twp

MLS Listing ID 80056053

Originating Board MiRealSource

Year Built 1973

Lot Size 0.830 Acres

Acres 0.83

Lot Dimensions 165 x 208

Property Description

8-Unit Apartment Complex – Breckenridge, MI This charming 8-unit apartment complex in Breckenridge features a unique Bavarian Alpine-style design that gives the property great curb appeal. Each unit is a cozy 1 bed, 1 bath with a kitchen, living space, baseboard heat, and a window air-conditioner. The building is fully rented, with each unit bringing in an average of $540 per month. The total gross monthly rent is $4,325, making it a strong income-producing property. Tenants each have their own electric meter and pay their own electric bills. The owner is responsible for water, sewer, dumpster service, lawn care, and snow removal. There’s also a coin-operated laundry room on-site, providing additional income. The property includes a paved parking lot for tenant convenience an

Location

State MI

County Gratiot

Rooms

Basement Slab

Interior

Heating Baseboard

Cooling Window Unit(s)

Exterior

View Y/N No

Building

Structure Type Wood Siding

Others

Acceptable Financing Cash

Listing Terms Cash

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