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$239,900
Est. payment /mo
5 Baths
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality City of Mount Clemens
Subdivision City Of Mount Clemens
MLS Listing ID 20261033630
Year Built 1900
Annual Tax Amount $6,166
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50.00 x 150.00
Source Realcomp
Property Description
Rare fully occupied 5-unit multifamily opportunity in the heart of Mount Clemens. This well-cared-for income property offers long-term tenants, separate utilities, and a stabilized setup that can be difficult to find in the Metro Detroit suburbs.The property is a strong fit for investors looking to expand their rental portfolio, pursue steady cash flow, or explore a BRRR-style strategy. With full occupancy already in place and an established tenant history, this building gives buyers a clean starting point without having to fill vacancies from day one.Management company referrals are available upon request.All walkthroughs must be accompanied by proof of funds or a pre-approval letter. Full financials, including rent roll, leases, and audited financials, will be made available with an accepted Letter of Intent or Purchase Offer.Seller will not participate in financing. No seller financing, no land contracts, and no subject-to offers. Cash or conventional financing only.Perfect for new or experienced real estate investors, 1031 exchange buyers, or anyone looking to add a stabilized multifamily property to their portfolio.
Location
State MI
County Macomb
Zoning Multi-Family
Direction North off Cass West off Gratiot
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Lot Description Sidewalk
Water Public
Structure Type Vinyl Siding
Schools
School District Mount Clemens
Others
Tax ID 1111380012
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by EXP Realty Main
Nearby School & Business
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United Country Midwest Lifestyle Properties
. | License ID: 76296
. License ID: 76296