9311 S Old Hwy 27, Gaylord, MI 49735
$765,000
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Property Type:
MultiFamily
Status:
Active
Current Price:
$765,000
List Date:
1/15/2024
Last Modified:
2/27/2024
Description
Investment Opportunity! 18 units located on Old 27 South Highway, 9 miles south of Gaylord and 1.5 miles north of Waters. Most units are efficiency units and there is a one-bedroom unit. large conference room and large kitchen off of the conference room. 2 pole barns and one that is heated with 3 bays. Furnishings provided to tenants include a 2 burner hot plate, microwave and a refrigerator for each unit. Some units have tables, dressers, and corner cabinets.
More Information MLS# 201827795
Contract Information
Current Price: $765,000
Begin Date: 2024-01-12
List Price: $765,000
Status: Active
Property Information
Type: Apartments
Realtor.com Type: Multi-Family
Lot Size Dimensions: 150x500
# Units: 18
Location, Tax and Legal
County: Otsego
St. #: 9311
Street Direction Pfx: S
Street Name: Old Hwy 27
State: MI
Zip Code: 49735
Ownership Status: Owner
Township/City/Village: Otsego Lake
Subdivision or T/R: T29N R3W
Zoning: RR
Directions and Remarks
Directions: From I-75 exit 279 and Old 27 Hwy, south on Old 27 for 6.5 miles to property on East side of road
Unit 1
U1 # Bedrooms: 1
U1 Baths: 1
U1 Approx Sq Ft: 300
U1 Present Rent: 800
U1 Car Storage: Drive
U1 # Spaces: 1
U1 Unit Location: M
U1 OCC: Yes
U1 Furnished: No
U1 Type of Lease: M
Lease End Date: 2024-01-31
Unit 2
U2 Baths: 1
U2 Approx Sq Ft: 150
U2 Present Rent: 550
U2 Car Storage: Drive
U2 # Spaces: 1
U2 Unit Location: M
U2 OCC: Yes
U2 Furnished: No
U2 Type Of Lease: M
Lease End Date: 2024-01-31
Schools
Elementary School: Gaylord
High School: Gaylord
Taxes and Possession
Possession: TBD
Association Dues: No
Property Features
Style: Two Story
Construction: Frame
Exterior: Aluminum; Stucco; Vinyl; Wood
Appliances: Dryer; GasRange/Oven; Microwave; Refrigerator; Washer
Heating: Baseboard; Hot Water
Cooling: None
Basement: Crawl Space
Water Heater: Other
Water: Master; Well
Sewer: Septic
Laundry: Lower Level
Electric: Master
Fuel: Natural Gas
Util Pd By Owner: Electric; Fuel; Maintenance
Business/Income: Income Property
Showing Instructions: Appointment Only; Rented; Showingtime
Terms: Cash; Conventional Mort
Documents
Listing Office: The TEAM Real Estate Group
Last Updated: February - 27 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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