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$140,000   Price Analysis
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55 E 4th St
Shelby, MI 49455
Unknown bed 0 bath unknown SqFt ($0/SqFt)
8,400SqFt lot.
Listed 2024-08-01
USDA Eligible
near Shelby, MI
 

Cash Flow Investment.

Monthly Rental Income pf $3, 250 less monthly utility bills of $800 = $2, 450 of monthly revenue. After annual taxes and insurance there will be plenty of free cash flow!

Square footage s estimated from the public records.


Presented by Tim Horton at
Wickstra Realty, Inc.
Listing Agent Photo

Property MLS #24039783 from MichRic

Total Bathrooms: 0

Basement Features: Partial

Heating Features: Baseboard
Heating: Yes

Lot Size Acres: 0.1928375
Lot Size Square Feet: 8400

Parking Total: 6

Association: No
Calculated Total Monthly Association Fees: 0

School District: Shelby

Shelby High School is a public high school located approximately 0.5 miles away.
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Thomas Read Elementary School is a public elementary school located approximately 0.3 miles away.
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Shelby Middle School is a public middle school located approximately 0.5 miles away.
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Maple Valley Christian Day School is a private elementary, middle and high school located approximately 1.6 miles away.
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Annual Tax Amount: 2765.98
Source Listing Status: Active
County: Oceana
Directions: Oceana Drive to 4th Street West to building just West of the Rail Trail.
Tax Year: 2024
Source Property Type: Multi-Family
Area: MasonOceanaManistee - O
MLS Area Minor: MasonOceanaManistee - O
Source Neighborhood: MasonOceanaManistee - O
Owner Pays: Electricity, Water, Sewer
Parcel Number: 6404611501800
Property Subtype: 5+ Units
Source System Name: C2C

Listed 2024-08-01
$140,000
MichRic
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.