423 Canal, Eaton Rapids, MI 48827 (MLS# 243987)


$125,000
423 Canal
Eaton Rapids, MI 48827
MLS# 243987



423 Canal, Eaton Rapids, MI 48827
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423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827 423 Canal, Eaton Rapids, MI 48827

Property Description
Recently updated 3-unit property in beautiful Eaton Rapids! Two units are 1 bedroom, 1 bathroom, the third unit is 2 bedrooms and 1 bathroom. All units are currently rented. Great opportunity!

Details
Maps
None
Current Price: $125,000
Contract Info
Status: Active
Listing Date: 2020-02-04
List Price: $125,000
Location & Legal Info
Street #: 423
Street Name: Canal
State: MI
Zip Code: 48827
Zip +4: 1066
School District: Eaton Rapids
Key: cbx
Township/Tax Authority: Eaton Rapids City
County: Eaton
Subdivision: Leisenring
Legal: LOT 8 EX.N 45 FT. N 1/2 RD OF E 8 RDS OF LOT 9 LYING S OF LOT 8. COM 45 FT S OF SE COR.LOT 6, E 33 FT TO LOT LINE, S 62
Directions: On Canal
General Property Info
Building 1 Description: 3 Unit Apartment House
# of Units: 3
Year Built: 1900
SqFt - Above Appx: 2092
Parking Total: 5
Lot Dimensions: undefinedxundefined
Lot Acres: 0.18
ECO Friendly Features: No
Tax Info
State Eq Value: 47600
Taxes: 1789
Tax Year: 2019
Parcel #: 23-300-062-601-085-00
Taxable Value: 47600
Zoning: Multi-Family
Remarks & Misc
Photo Instructions: Office Submit
Annual Inc & Expense
Gross Rent: 23100
Tax Expense: 2639.49
Miscellaneous: 500
Maintenance: 1100
Insurance: 1020.39
Management: 1000
Net Income: 16841.39
Unit 1
Unit: A
Rooms: 4
Baths: 1
Bedrooms: 1
Monthly Income: 600
Expire Date: 2020-04-20
Unit 1 Appliances
Ovens: 1
Ranges: 1
Refrigerators: 1
Unit 2
Unit: B
Rooms: 6
Baths: 1
Bedrooms: 2
Monthly Income: 700
Expire Date: 2020-05-24
Unit 2 Appliances
Ovens: 1
Ranges: 1
Refrigerators: 1
Unit 3
Unit: C
Rooms: 5
Baths: 1
Bedrooms: 2
Monthly Income: 625
Expire Date: 2021-11-09
Unit 3 Appliances
Ovens: 1
Ranges: 1
Refrigerators: 1
Unit Information
# Written Leases: 3
Property Features
Basement: Michigan
Exterior: Brick; Vinyl Siding
Driveway: Gravel
Water: Public
Sewer: Public Sewer
Roof: Shingle
Heating: Forced Air - Gas; Other Heating
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; Showing Time

Listing Office: Laura DeLong Realty

Listing Agent: Laura DeLong

Last Updated: February - 12 - 2020

Information deemed reliable but not guaranteed.

Wednesday 26th of February 2020 11:04 AM