$395,000
Pending

602 Townsend

Midland, MI 48640
4430 sqft | 7 baths | #61050141846
Browse 16 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

THINK BIG ON TOWNSEND! Looking to invest in a multi-family property? This unique 7 unit apartment complex is ready for new ownership. Get ready for the gross rent income of $5,647 per month when fully rented. Featuring more than 4,000 square feet across one bedroom, two bedroom and studio units, this property offers immense potential. Currently 5 out of 7 units are filled. Tenant is responsible for electric and heat. Owner manages lawn care & snow removal. This 77 x 120 lot make the maintenance simple. Call today for more information!

  • Interior Details
      • HeatingSeparate Meters, Steam
    • Beds & Baths
      • Total Baths7.00
      • Bathrooms7
      • Full Baths7
  • Property Details
      • Square Feet4430
  • Construction Details
      • Property TypeInvestment
    • Condition
      • Year Built1913
  • Community and Neighborhood Details
      • ZoningResidential
      • School DistrictMidland
      • CountyMidland
      • RegionMidland
  • Financial Details
      • Original List Price$395,000
  • Other
      • MLS #61050141846

Location

Anthony ScalesReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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