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USAMIBreckenridge508 Wright St
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$315,000

508 Wright St, Breckenridge, MI

Real Estate

Sold

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$299,000
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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 500 sqft
Garage No
Taxes $3,556
Lot Size 
Approx. Age 1973
Avg. Price Per Sqft $598
MLS® Number 79080056053

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

8-Unit Apartment Complex â€" Breckenridge, MI This charming 8-unit apartment complex in Breckenridge features a unique Bavarian Alpine-style design that gives the property great curb appeal. Each unit is a cozy 1 bed, 1 bath with a kitchen, living space, baseboard heat, and a window air-conditioner. The building is fully rented, with each unit bringing in an average of $540 per month. The total gross monthly rent is $4, 325, making it a strong income-producing property. Tenants each have their own electric meter and pay their own electric bills. The owner is responsible for water, sewer, dumpster service, lawn care, and snow removal. There’s also a coin-operated laundry room on-site, providing additional income. The property includes a paved parking lot for tenant convenience and an extra storage shed for maintenance supplies or owner use. This is a great investment opportunity in a peaceful, small-town setting with consistent rental income and value-added features.Show Description
MLS® Number79080056053
Laundry Level
Central VacNo
FireplaceNo
Acreage0.83
Exterior
GarageNo
Approx. Age1973
Basement
Driveway
Garage Spaces
HeatBaseboard, Electric
A/CWindow Units
Heating Fuel

Extras

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