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Multi and Single Family Portfolio 6 Multifamily Properties Offered at $1,550,000 in Multiple Locations
Executive Summary
Value-add opportunity on a Portfolio of multi family and single family homes. Additional addresses: 202 N River - 4 Units 208 Maple - 2 Units 708/710 Maus - 2 Units 211 Devonshire - Single family 215 N Lincoln - Single Family 892 Maplewood - Single Family 1060 Commonwealth - Single family 2513 Tiffin - Single Family - (Flint) Units/homes range from 1 beds to 3 beds Most utilities are paid by residents. Rents are approximately $12,870 per month ($154,500 annually) making this a good turnkey investment with significant upside for any investor.
Property Facts
| Price | $1,550,000 | Number of Properties | 8 |
| Price / SF | $79.33 / SF | Individually For Sale | 0 |
| Cap Rate | 10% | Total Building Size | 19,538 SF |
| Sale Type | Investment | Total Land Area | 0.88 AC |
| Status | Active |
| Price | $1,550,000 |
| Price / SF | $79.33 / SF |
| Cap Rate | 10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Building Size | 19,538 SF |
| Total Land Area | 0.88 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2513 Tiffin St, Flint, MI 48504 | Multifamily | 1,297 SF | 1950 | - |
| 202 N River St, Ypsilanti, MI 48198 | Multifamily | 8,880 SF | 1850 | - |
| 208 Maple St, Ypsilanti, MI 48198 | Multifamily | 3,494 SF | 1920 | - |
| 710 Maus Ave, Ypsilanti, MI 48198 | Multifamily | 2,653 SF | 1964 | - |
| 211 Devonshire St, Ypsilanti, MI 48198 | Multifamily | 1,760 SF | 1959 | - |
| 215 N Lincoln St, Ypsilanti, MI 48198 | Multifamily | 1,453 SF | 1910 | - |
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Multi and Single Family Portfolio
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