242 S Main Street, Eaton Rapids, MI 48827 (MLS# 219365)


$145,000
242 S Main Street
Eaton Rapids, MI 48827
MLS# 219365
Status: Closed



242 S Main Street, Eaton Rapids, MI 48827
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242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827 242 S Main Street, Eaton Rapids, MI 48827

Property Description
Awesome investment opportunity! 4 unit multi family residence on S. Main Street in Eaton Rapids, brick exterior, great location, great monthly income! Unit 1 is rented for $525 a month, unit 2 is currently vacant and rents for $475 a month, unit 3 is rented for $550 a month, and unit 4 is rented for $475 a month.

Details
Maps
Documents
None
Current Price: $132,000
Contract Info
List Price: $145,000
Location & Legal Info
Street #: 242
Street Direction: S
Street Name: Main
Suffix: Street
State: MI
Zip Code: 48827
Zip +4: 1276
School District: Eaton Rapids
Key: CBX
Township/Tax Authority: Eaton Twp
County: Eaton
Subdivision: None
Legal: LOT 9, EXCEPT N 21 FEET. O.P. BLOCK 5. CITY OF EATON RAPIDS D.D.A.
Directions: South 99 to Main St. South, in between Hamlin St & Spicer St.
General Property Info
Building 1 Description: Apartment
# of Units: 4
Year Built: 1900
SqFt - Above Appx: 3366
Parking Total: 4
Lot Dimensions: 45x100
Lot Acres: 0.103
Tax Info
State Eq Value: 63145
Taxes: 3430.88
Tax Year: 2016
Parcel #: 300-000-605-095-00
Taxable Value: 46165
Zoning: Commercial
Remarks & Misc
Photo Instructions: Office Submit
Status Change Info
Status: Closed
Under Contract Date: 2017-11-06
Sold Date: 2018-04-13
Sold Price: 132000
Annual Inc & Expense
Gross Rent: 24300
Tax Expense: 3430.88
Unit 1
Unit: 1
Rooms: 3
Baths: 1
Bedrooms: 1
Monthly Income: 525
Finished SqFt: 835
Unit 1 Appliances
Ovens: 1
Ranges: 1
Refrigerators: 1
Unit 2
Unit: 2
Rooms: 3
Baths: 1
Bedrooms: 1
Monthly Income: 475
Finished SqFt: 726
Unit 2 Appliances
Ovens: 1
Ranges: 1
Refrigerators: 1
Unit 3
Unit: 3
Rooms: 4
Baths: 1
Bedrooms: 1
Monthly Income: 550
Finished SqFt: 670
Unit 3 Appliances
Ovens: 1
Ranges: 1
Refrigerators: 1
Unit 4
Unit: 4
Rooms: 3
Baths: 1
Bedrooms: 1
Monthly Income: 475
Finished SqFt: 600
Unit 4 Appliances
Ovens: 1
Ranges: 1
Refrigerators: 1
Misc Business Info
# Parking: 5
Construction Type: Brick
Overall Building Siz: 3366
Parking Surface: Gravel
Roof Type: Shingle
Property Features
Basement: Full; Michigan; Outside Entrance
Exterior: Brick
Driveway: Gravel
Water: Public
Sewer: Public Sewer
Roof: Shingle
Extras: Cable Installed; High Speed Internet; High Speed Internet; High Speed Internet; High Speed Internet; High Speed Internet; Smoke Alarm; Window Air Condition
Garage: No Garage
Heating: Forced Air - Gas
Water Heater: Gas Natural
Land & Acreage: Up to 1/4 Acre
Type: Two Story
Terms: Cash; Conventional
Showing: 24 Hour Notice; Combo; Sign on Property; Tenant; Showing Time

Listing Office: Keller Williams Realty Lansing-East

Listing Agent: Rachel Jones

Last Updated: April - 16 - 2018

Information deemed reliable but not guaranteed.

Friday 27th of April 2018 02:43 AM