$167,000 Price Analysis 116 E Stoddard StCharlotte, MI 48813 Unknown bed 0 bath unknown SqFt ($0/SqFt) 3,659SqFt lot. Built 1920 Listed 2024-04-09, Taxes $2,796 | ✓ USDA Eligible near Charlotte, MI |
Achieving an impressive 9.62% CAP RATE with a Net Operati ng Income (NOI) of $16, 071, this property comprises two townhouse-style units featuring 3 beds and 1.5 baths each, alongside a one-bedroom, one-bathroom unit (upper rear access).
All units are well-maintained and currently occupied, presenting a lucrative income stream. While the property requires minor exterior repairs, it offers substantial potential for long-term growth. For further details, please contact the broker. Serious inquiries from qualified investors are welcome. Note: Tenant rights are n place.
Presented by Ryan D. Kelley at
NuCon Realty, LLC.
Property MLS #24016607 from MichRic
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $44,600 | $2,796 |
2021 | $unknown + $unknown $40,500 | $2,700 |
2020 | $unknown + $unknown $41,300 | $2,576 |
2019 | $unknown + $unknown $33,800 | $2,118 |
2018 | $unknown + $unknown $23,314 | $896 |
2017 | $unknown + $unknown $21,089 | $1,307 |
2011 | $unknown + $unknown $33,874 | $2,025 |
2010 | $unknown + $unknown $35,992 | $2,132 |
2008 | $unknown + $unknown $52,401 | $2,081 |
2007 | $unknown + $unknown $40,551 | $2,007 |
2006 | $unknown + $unknown $43,800 | $1,939 |
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.