55 E 4th Street Active

Shelby,MI 49455

$ 140000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Shelby Vlg

MLS Listing ID 24039783

Originating Board Michigan Regional Information Center (MichRIC)

Annual Tax Amount $2,765

Tax Year 2024

Lot Size 8,400 Sqft

Acres 0.19

Lot Dimensions 84x100

Property Description

Cash Flow Investment. Monthly Rental Income pf $3,250 less monthly utility bills of $800 = $2,450 of monthly revenue. After annual taxes and insurance there will be plenty of free cash flow! Square footage is estimated from the public records.

Location

State MI

County Oceana

Area Masonoceanamanistee - O

Direction Oceana Drive to 4th Street West to building just West of the Rail Trail.

Rooms

Basement Partial

Interior

Heating Baseboard

Fireplaces Number 1

Exterior

Utilities Available Natural Gas Available,Cable Available,Electricity Connected

Waterfront No

View Y/N No

Roof Type Other

Street Surface Paved

Total Parking Spaces 6

Building

Sewer Public Sewer

Structure Type Other

New Construction No

Schools

School District Shelby

Others

Tax ID 6404611501800

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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