569 and 605 S main

Multi-Family for Sale
Catylist Listing ID: 30289665
Property Subtypes: Low-Rise/Garden
Number of Units: 2 Units
Building Size (RSF): 14,692 SF
Gross Land Area: 1.20 Acres
Sale Price: $650,000
Unit Price: $325,000 Per Unit
Property Use Type: Investment
Usable Size (USF): 14,692 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2018

Overview / Comments

100% occupied (June 1, 2018)
16 Total Units
One 12-unit building and one 4-unit building
13 two-bedroom units and 3 one-bedroom units
Carports
Laundry income available
8% Cap Rate
INC and EXP information available.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Clinton
Tax ID/APN: 041-013-000-060-00
Zoning: COMMERCIAL
Percent Occupied: 100%
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1973
Roof Type: Flat
Parking Type: Surface
Heat Type: Electricity

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,557 3,557
Median Age: 37.23 37.23
Households: 1,229 1,229
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.