$950,000
$1,399,000
32.1%For more information regarding the value of a property, please contact us for a free consultation.
375 N LIBERTY Street Belleville, MI 48111
8 Beds
8 Baths
6,754 SqFt
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Common Entry Building
Listing Status Sold
Purchase Type For Sale
Square Footage 6,754 sqft
Price per Sqft $140
Subdivision Assr'S Belleville Plat No 4
MLS Listing ID 20221058612
Sold Date 12/23/22
Style Common Entry Building
Bedrooms 8
Full Baths 8
Originating Board Realcomp II Ltd
Year Built 1964
Annual Tax Amount $17,235
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 80x140
Property Description
Location, Location, Location!!! Great opportunity to upgrade your investment portfolio. Fully occupied 8 units (four 2 bedrooms, four 1 bedroom) in Downtown Belleville. 6 out of 8 units are fully remodeled, new water heater (2019), new boiler (2020). 6 units feature private balconies and 2 feature porches. Updated plumbing and electrical. Laundry facility and additional storage space available in premises. About $150 income per month from laundry facility. Tenants paying for electrical, water, gas, trash, lawn cutting and snow removal (1 bed pays 11%, 2 beds pay 14% of the costs). Close to Ann Arbor and Metro Airport. Steps away to restaurants, shopping center, Belleville Lake, the new District Library, and Lower Huron Metro Park. Land contract available for 15 years with 50% down and 2% interest rate on the balance. No showings before accepting an offer. Please include proof of funds or pre-approval with your offer.
Location
State MI
County Wayne
Area Belleville
Zoning Multi-Family
Direction BELLEVILLE RD (MAIN ST) TO LIBERTY E 2 BLKS
Interior
Interior Features Cable Available
Hot Water Common, Natural Gas
Heating Baseboard, Hot Water
Cooling Ceiling Fan(s), Wall Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Lighting
Roof Type Asphalt
Porch Balcony, Porch
Road Frontage Paved
Garage no
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Common Entry Building
Level or Stories 2 Story
Structure Type Brick
Schools
School District Van Buren
Others
Pets Allowed Yes
Tax ID 31084030078000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Financing Cash,Contract,Conventional
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Bought with KW Metro