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: 9/21/2018

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
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
Percent Occupied: 100%
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1973
Roof Type: Flat
Parking Type: Surface
Heat Type: Electricity

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,557 3,557
Median Age: 37.23 37.23
Households: 1,229 1,229
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