UPDATED:
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Pending
Purchase Type For Sale
Square Footage 7,542 sqft
Price per Sqft $98
Subdivision Frank'N Dot Meadows No 1
MLS Listing ID 20250013649
Style Colonial
Bedrooms 7
Full Baths 7
Half Baths 5
Originating Board Realcomp II Ltd
Year Built 1972
Annual Tax Amount $9,534
Lot Size 0.550 Acres
Acres 0.55
Lot Dimensions 150x150
Property Sub-Type Colonial
Property Description
All 7 units are in one building - which was built in 1972 and completed renovated in 2023. Each unit is equipped with a window air conditioning unit, along with baseboard heat. There are 10 parking spaces for the 7 units. The units are separately metered for electric which the tenant puts in their name. The heat is supplied through baseboard electric heat - so the tenant pays for heat as well. The landlord pays for water, sewer and trash but has the ability to bill this back to the tenants under the current lease. Most properties in the area bill back for these utilities, so there is opportunity to increase value through collecting RUBS. The current owner has invested significant capital back into the property renovating each unit. The upgraded units include new counters, cabinets and appliances in the kitchen. LVT planking in the kitchen, bedrooms, and bathroom. New carpet and paint in each unit. Updated bathrooms with new vanities and tubs. The basements have been re-rinished and are extremely clean, with their own washer and dryer and hot water tank. Each unit has its own private basement, except for unit 7.
Location
State MI
County Eaton
Area Delta Twp
Zoning Multi-Family
Direction Lansing
Rooms
Basement Interior Entry, Partially Finished
Interior
Heating Baseboard, Hot Water, Separate Meters
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 14.0
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Shingle Siding
Schools
School District Grand Ledge
Others
Pets Allowed Yes
Tax ID 04004870032000
Ownership Short Sale - No,Private Owned
Acceptable Financing Conventional
Rebuilt Year 2023
Listing Terms Conventional
Financing Conventional
