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$ 295,000
Est. payment | /mo
1,152 SqFt
$ 295,000
Est. payment | /mo
1,152 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,152 sqft
Price per Sqft $256
Subdivision Mi
MLS Listing ID 50225929
Year Built 1946
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Commercial/Industrial
Property Description
Fully Renovated Three-Unit Investment Property in Midland! Excellent investment opportunity at 1112 Haley Street in Midland! This well-maintained, three-unit property offers immediate rental income with all units currently occupied and leases extending through Summer and Fall 2027. Unit Breakdown: 2-Bedroom, 1-Bath Unit: $1,250/month, utilities included. 1-Bedroom, 1-Bath Unit: $1,000/month, utilities included. Studio Unit: $875/month, tenant pays all utilities. Total Monthly Rental Income: $3,125 Enjoy peace of mind with extensive renovations completed within the last two years, including new plumbing, electrical wiring, furnace, appliances, roof, windows, siding, flooring, fresh paint, and bathroom updates. With no deferred maintenance reported, this property offers an attractive opportunity for investors seeking a turnkey, income-producing asset. Conveniently located near downtown Midland, shopping, restaurants, parks, and other local amenities. With all three units occupied and leases in place, this is an excellent opportunity to add a renovated, income-generating property to your portfolio!
Location
State MI
County Midland
Area Midland (56020)
Zoning Residential
Interior
Cooling Central A/C
Exterior
Parking Features 3-5 Spaces
Roof Type Shingles
Building
Foundation Basement
Water Public Water
Others
Energy Description Natural Gas
Financing Cash,Commercial Loan,Conventional
Listed by Ayre Rhinehart Real Estate Partners
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