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203 E Delaware St 2 Unit Apartment Building Offered at $140,000 Decatur, MI 49045
Investment Highlights
- Price: $140,000.
- 320 s.f. garage
- Lot size: 54' x 132'
- Full basement
Executive Summary
Investment opportunity. 2 unit (up & down) located in the Village of Decatur, MI. Units are currently vacant for market availability. Utilities are separately metered. The property is being sold in ''as is'' condition.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $140,000 | Lot Size | 0.16 AC |
| Price Per Unit | $70,000 | Building Size | 2,112 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1900/2019 |
| Apartment Style | Garden | ||
| Zoning | R-2 | ||
| Price | $140,000 |
| Price Per Unit | $70,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.16 AC |
| Building Size | 2,112 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2019 |
| Zoning | R-2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | 1,736 |
| 1+1 | 2 | - | 1,106 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Total Assessment | $115,800 | |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$115,800
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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203 E Delaware St
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