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$ 160,000
Est. payment | /mo
3 Baths
0.44 Acres Lot
$ 160,000
Est. payment | /mo
3 Baths
0.44 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Tecumseh City
Subdivision Tecumseh City
MLS Listing ID 50224869
Year Built 1900
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 130 X147
Source MiRealSource
Property Description
Three-Unit Apartment House in Tecumseh: Investor Opportunity with Upside. Looking for a multi-family property with room to build equity? This three-unit apartment house in Tecumseh has one 2-bedroom and two 1-bedroom apartments, and tenants pay their own heat and electric, which keeps your operating costs low. It sits on a double lot with mature trees and has a 1½-car garage. It's close to schools and within walking distance of downtown Tecumseh, with its shops, restaurants and services. The house needs updates, including the roof, windows and flooring, and with those improvements the property's value and rental income potential should rise substantially. Bring your contractor and your vision and make this one your own. It's a smart buy for the right investor.
Location
State MI
County Lenawee
Body of Water None
Rooms
Basement Slab, Partial, Crawl Space
Interior
Heating Forced Air, Wall Furnace
Cooling Wall Unit(s)
Exterior
View Y/N No
Building
Lot Description Corner Lot
Structure Type Aluminum Siding,Stone
Others
Tax ID XT0-305-2191-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Howard Hanna Real Estate Services-Tecumseh
Schools and Properties Nearby