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USAMICharlotteLawrence's Sub301-335 Horatio St
335 - 301-335 Horatio St, Home with 0 bedrooms, 0 bathrooms and null parking in Charlotte MI | Image 1
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$3,199,999

335 - 301-335 Horatio St, Charlotte, MI

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Real Estate Only
Levels Commercial Sale
Size 220000 sqft
Garage No
Maintenance Fees 
Taxes $24,857
Days Active 85
Approx. Age 2004
Avg. Price Per Sqft $14
MLS® Number 20250020177

Property Address: 

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

Description

Great investment opportunity! This very clean and up-to-code 17-unit apartment building is 100% occupied and has never had any issues with tenants. It generates almost 15k per month, with every tenant paying their own heat and electric. Renovated in 2004, the property consists of (11) 2-bedroom units, (5) 1-bedroom units, and (1) studio apartment, all designed with unique features—none are duplicates. The building has been maintained at a high level and has had a consistent waitlist for vacancies, indicating strong demand. Additionally, there is a redevelopment opportunity to expand the property by adding 100 more units, with the proposed project valued at $8.9 million. The university of michigan recently opened a campus nearby! The shyft group has also opened a site in the area creating new job opportunities. The downtown area is thriving with new businesses, creating a welcoming atmosphere for residents. The seller will provide the certificate of occupancy and annual operating data upon receipt of an acceptable offer. Accepted loi and proof of funds are required prior to showing the property. All data is approximate, and the buyer’s agent should verify all information.Show Description
MLS® Number20250020177
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2004
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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