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516 North St Yale, MI 48097
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Key Details
Sold Price $220,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $31
Subdivision Assessors John Bright
MLS Listing ID 58050074510
Sold Date 09/15/22
Full Baths 2
Half Baths 1
Originating Board MiRealSource
Year Built 1950
Annual Tax Amount $5,230
Lot Size 1.280 Acres
Acres 1.28
Lot Dimensions 247x227
Property Description
Own This Multi-Use Space And Have Positive Cash Flow From Day 1! $3,030 in Monthly Income! Space Includes 2 Handicap Accessible Lavatories, 2 additional bathrooms,8x40 Covered Front Porch, Handicap Accessible Building With Wheelchair Ramp. Newer Solid Block & Brick Overlay Bldg. Hardwood Floors On Main Level. Lower Level Features Two Leased Rental Apts. Separate Entrances For Each Unit. Apartments Have An additional 2,500 sq feet with an Open Concept. Main Floor Central Air, Forced Air Heat. Ample Parking, Solid Bldg. Newer Roof, Furnaces, & Kitchen Area. Raised Stage, Perfect For Community Theatre, Art Classes Or Centre Gatherings. Water Tower Not Part Of Property. Income For Main Level Commercial Space: $1,400/MO, Lower Apartment #1: $895/MO, Lower Apartment #2: $735/MO. $3,030 Total Income! Situated on 1.28 Acres. Short term Land Contract Terms Now available.
Location
State MI
County St. Clair
Area Yale
Rooms
Basement Other
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Waterfront no
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Schools
School District Yale
Others
Pets Allowed Yes
Tax ID 74080650001100
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Keller Williams Realty-Great Lakes