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

Multi-Family
  • 4units
  • 0.103acres
  • 3,366sq ft
Active Backup $145,000
Est. P&I payment: $553.8/mo
242 S Main Street, Eaton Rapids, MI 48827
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Description for 242 S Main Street, Eaton Rapids, MI 48827
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.
MLS #219365
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My Notes for MLS #219365

General Features

  • Property Type: E
  • Status: Active Backup
  • List Price: 145,000
  • Year Built: 1900
  • Zoning: Commercial
  • Subdivision: None
  • Township/Tax Authority: Eaton Twp
  • # of Units: 4
  • Land & Acreage: Up to 1/4 Acre
  • Roof: Shingle
  • Basement: Full,​Michigan,​Outside Entrance
  • Extras: Cable Installed,​High Speed Internet,​Smoke Alarm,​Window Air Condition
  • Garage: No Garage
  • SqFt - Above Appx: 3,366

Miscellaneous Features

  • Building 1 Description: Apartment
  • Misc Business Info: Parking Surface: Gravel
  • Misc Business Info: Roof Type: Shingle
  • Misc Business Info: # Parking: 5
  • Misc Business Info: Overall Building Siz: 3,366
  • Misc Business Info: Construction Type: Brick

Income Features

  • Annual Inc & Expense: Gross Rent: 24,300
  • Annual Inc & Expense: Tax Expense: 3,430.88

Units Features

  • Unit 1: Unit: 1
  • Unit 1: Rooms: 3
  • Unit 1: Baths: 1
  • Unit 1: Bedrooms: 1
  • Unit 1: Monthly Income: 525
  • Unit 1: Finished SqFt: 835
  • Unit 1 Appliances: Refrigerators: 1
  • Unit 1 Appliances: Ovens: 1
  • Unit 1 Appliances: Ranges: 1
  • Unit 2: Unit: 2
  • Unit 2: Rooms: 3
  • Unit 2: Baths: 1
  • Unit 2: Bedrooms: 1
  • Unit 2: Monthly Income: 475
  • Unit 2: Finished SqFt: 726
  • Unit 2 Appliances: Ranges: 1
  • Unit 2 Appliances: Refrigerators: 1
  • Unit 2 Appliances: Ovens: 1
  • Unit 3: Unit: 3
  • Unit 3: Rooms: 4
  • Unit 3: Baths: 1
  • Unit 3: Bedrooms: 1
  • Unit 3: Monthly Income: 550
  • Unit 3: Finished SqFt: 670
  • Unit 3 Appliances: Ovens: 1
  • Unit 3 Appliances: Ranges: 1
  • Unit 3 Appliances: Refrigerators: 1
  • Unit 4: Unit: 4
  • Unit 4: Rooms: 3
  • Unit 4: Baths: 1
  • Unit 4: Bedrooms: 1
  • Unit 4: Monthly Income: 475
  • Unit 4: Finished SqFt: 600
  • Unit 4 Appliances: Ovens: 1
  • Unit 4 Appliances: Refrigerators: 1
  • Unit 4 Appliances: Ranges: 1

Exterior Features

  • Driveway: Gravel
  • Exterior: Brick
  • Lot Dimensions: 45x100
  • Lot Acres: 0.103

Financial Features

  • Taxes: 3,430.88
  • Tax Year: 2016
  • Taxable Value: 46,165

School Features

  • School District: Eaton Rapids

Utility Features

  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas Natural
  • Heating: Forced Air - Gas

Location

 
Street View Not Available
Directions to 242 S Main Street, Eaton Rapids, MI 48827
South 99 to Main St. South, in between Hamlin St & Spicer St.
The listing information for 242 S Main Street, Eaton Rapids, MI 48827 was graciously provided by our friends at the listing brokerage, Keller Williams Realty Lansing-East

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P&I Payment $553.8
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Home Partners's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Home Partners, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/20/2018 at 1:50am
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