216 N Union Street, Ithaca MI 48847 Photo 1 216 N Union Street, Ithaca MI 48847 Photo 2 216 N Union Street, Ithaca MI 48847 Photo 3 216 N Union Street, Ithaca MI 48847 Photo 4 216 N Union Street, Ithaca MI 48847 Photo 5 216 N Union Street, Ithaca MI 48847 Photo 6 216 N Union Street, Ithaca MI 48847 Photo 7 216 N Union Street, Ithaca MI 48847 Photo 8 216 N Union Street, Ithaca MI 48847 Photo 9 216 N Union Street, Ithaca MI 48847 Photo 10 216 N Union Street, Ithaca MI 48847 Photo 11

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216 N Union Street - Updated apartment complex and home conveniently located near Ithaca schools. Apartment remodel updates include new appliances, kitchen cabinets, wall furnaces, shutters and windows in two-thirds of the apartments. Located on the property is a one apartment building accommodating 4 individual apartments. Each apartment has 2 bedrooms, 1 bath, living room, kitchen, and dining room. The apartments have long-term tenants and are very seldom empty with open space in the back of the lot to expand. The home and 4 units together gross an annual income of $24,000 per year with a current rental amount of $400.00 per month. Truly a great place to invest in. Please reference MLS: 1795736 for other investment options to purchase with this property.

Listing information

  • MLS® ID: 1795763
  • Status: Active
  • New Construction: No
  • Lot Area: 0.87
  • County: Gratiot
  • Style: Commercial
  • Stories: 0
  • Foreclosure: No
  • Lot Size: 60.75 X 132
  • Year Built: 1960
  • Parking Type Description: Surface / Paved 0 cars
  • Total Square Footage: 930 ($134.41 per sq. foot)
  • Estimated Annual Taxes: $1,192

Features

Business Incl Yes
CONSTRUCTION Frame
Deeded Waterfront No
DOCUMENTS ON FILE Other
ECO Features No
EXTERIOR FEATURES Vinyl
Extras Other
FOUNDATION Block, Shared Storage
HEATING/COOLING SOURCE Natural Gas
HEATING/COOLING TYPE Wall
Inventory Incl Yes
LICENSES None
LOCATION None
Other Business Name - Bloss Rentals Llc, Development Name - None, Lease Price per SQ FT - 0, Summer Taxes - 620.71, Winter Taxes - 572.56, Year Remodeled - 2014, Year: Summer - 2012, Year: Winter - 2012
PARKING Parking Lot
POSSESSION Subject to Tenants Rights
PRESENT USE Other
Real Estate Incl Yes
ROAD Blacktop, Public Maintained
ROOF Asphalt
SEWER Municipal
TERMS Cash, Conventional Mortgage
UNIVS DESIGN/BARRIER FREE None
Vacant Land Yes
WATER Municipal Water
ZONING Commercial, Multi-Family, Residential
Listing Courtesy of Larry Mott of New Horizons Realty 302 N State Alma Mi 48801