Leoni Twp, MI 49201,7657 Ann Arbor Road
$800,000
$1,300,000
38.5%
Est.Price: ?

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3.3 Acres Lot

7657 Ann Arbor Road Leoni Twp, MI 49201

Est. payment /mo
SOLD DATE : 11/17/2023

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Key Details

Sold Price $800,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 55023030362

Sold Date 11/17/23

Originating Board Jackson Area Association of REALTORS®

Year Built 1945

Annual Tax Amount $7,860

Lot Size 3.300 Acres

Acres 3.3

Lot Dimensions 338x612

Property Description

Built for locals and commuters alike, this 26-unit rental property is ready for its next investor. Location is key and this property can accommodate those seeking easy access to I-94 for both locals and commuters. 15 of 26 units recently updated. All units have A/C, cable, internet, refrigerator, and microwave. Priced at a CAP Rate of 8.5% this seller is ready to get a transaction closed. Contact Commercial Realtor with your questions.

Location

State MI

County Jackson

Area Leoni Twp

Zoning Other

Direction Along I-94, E of Sargent Rd and W of Race Rd. Both provide access to the property.

Interior

Interior Features Other, Laundry Facility, Cable Available

Heating Forced Air, Hot Water, Radiant

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 100.0

Pool No

Waterfront no

Roof Type Composition

Road Frontage Paved

Garage no

Building

Foundation Crawl

Sewer Septic Tank (Existing)

Water Well (Existing)

Structure Type Vinyl

Schools

School District East Jackson

Others

Pets Allowed Yes

Tax ID 000092340200600

Acceptable Financing Cash, Conventional, Trade/Exchange

Listing Terms Cash, Conventional, Trade/Exchange

Financing Cash,Conventional,Trade/Exchange

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Realcomp MLS
Listed by Beiswanger and Risner RE Group
Bought with Beiswanger and Risner RE Group

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David Elwood

Broker Associate | License ID: 6506045662

+1(248) 568-5958

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