296 M35, Gwinn, MI MLS # 1105693

Price: $250,000

  • Address: 296 M35
  • City: Gwinn
  • County: Marquette
  • Zipcode: 49841
  • Lot Size: 2 acres
  • Lot Dimensions: 656x100
  • Water Access: None
  • Body of water: None

296 M35, Gwinn, MI MLS # 1105693

Listing is for both 296 and 318 M-35. Two buildings totaling 15 Units. 296 M-35 has eight units. Four, 2 bed, 1 bath renting for $400/per mo. Four, 1 bed, 1 bath, three renting for $375 and one for $350. Possible income is $36,900 annually plus laundry income. 318 M-35 has seven units. Two, 1 bed, one renting for $350 & one renting at $425 (incl electricity), Four, 2 bed renting for $400, & one, 3 bed renting for $475 for a possible income of $33,600 annually + laundry income. Total potential income is $70,500.00. Buildings are in process of being updated. Electric heat has been replaced with natural gas hot water heat in most units. Many floor coverings have been replaced. Some have new appliances. Most have been painted. Some additional work still needs to be completed but can make for a great investment.

No addendum available

  • Category: Multi-Family
  • Type: Over 4 Family
  • Area: Forsyth, Central/East 52
  • Township: Forsyth T
  • Listing Office: RE/MAX 1ST REALTY

  • Road Type: Public
  • First Floor Bathroom: Yes
  • First Floor Bedroom: Yes
  • Road Access: Year Round
  • Allow Export: Yes
  • Financing Options: None
  • Garage: None
  • Outbuildings: Shed
  • Fireplace: None
  • Extras: Laundry Facilities,Porch/Deck/Patio
  • Shoreline: Not Applicable
  • Telephone: Yes
  • Cable: No
  • Natural Gas: Yes
  • Electric: Yes
  • Supplemental Heat: None
  • Heat: Natural Gas Hot Water
  • Air Conditioning: None
  • Sewer: Septic
  • Water: Drilled Well
  • Exterior: Hardboard
  • Foundation: Block
  • Basement: Partial
  • Construction: Modular
  • Style: 2 Story
  • School District: Gwinn
  • Number of Buildings: 2
  • Number of Units: 15
  • Total Building sqft: 11280
  • Acres: 2
  • Parking Spaces: 24

  • Unit Number: 1
  • Rooms:
  • Bedrooms: 2
  • Baths: 1
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  • Unit Number: 2
  • Rooms:
  • Bedrooms: 1
  • Baths: 1
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  • Unit Number: 3
  • Rooms:
  • Bedrooms: 1
  • Baths: 1
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  • Unit Number: 4
  • Rooms:
  • Bedrooms: 2
  • Baths: 1
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  • Unit Number: 5
  • Rooms:
  • Bedrooms: 1
  • Baths: 1
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  • Unit Number: 6
  • Rooms:
  • Bedrooms: 1
  • Baths: 1
  • sqft:






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Location

  • Address: 296 M35
  • City: Gwinn
  • State: MI
  • Zipcode: 49841
  • County: Marquette
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