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48 photos
Additional details
$225,000
Est. payment /mo
2,436 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,436 sqft
Price per Sqft $92
MLS Listing ID 55026053974
Year Built 1955
Lot Size 3.600 Acres
Acres 3.6
Property Sub-Type MultiFamily
Property Description
Opportunity meets potential in the heart of Brooklyn, Michigan! Ideally situated where Brooklyn Road and M-50 converge, this 5-acre property offers an exceptional investment opportunity in Columbia Schools, just minutes from shopping, dining and charming downtown Brooklyn. The established triplex features three spacious apartments, each offering 2 bedrooms, 1 full bath, ample parking and generous outdoor space. Two units are occupied by longtime tenants, providing established rental income, while the third has been refreshed and is ready for a new tenant at current market rates. Whether you're looking to expand your investment portfolio, explore the possibilities of the additional acreage, or enjoy owner-occupied living while rental income helps offset your mortgage, this property offers flexibility, income potential and room to dream bigger. Five acres, three income-producing possibilities and an outstanding location. Don't miss this opportunity!Current tenants pay $750 a month, includes garbage, each apartment has its own Consumers meter and are the tenants responsibility. Newly renovated unit should garner closer to $950 a month.
Location
State MI
County Jackson
Area Area12181Columbiatwp
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features Gravel
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Building
Sewer Septic Tank
Water Well
New Construction No
Schools
School District Columbia
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by JENIFER SCANLON of The Brokerage House
Nearby School & Business
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Jennifer Allen
Broker Associate License ID: 6502419769
Broker Associate License ID: 6502419769