118 E Chestnut Street

Morenci, MI 49256 / None

MLS ID# 252708 Expired
Income

$1,935,000

0.21 acres


Description

Welcome to the City of Morenci. This residential rental income package comes with 27 single family homes throughout the city. All properties are currently tenant occupied. Each property features 2-4 bedrooms and 1-2 bathrooms. Each property has been... show more
  • Street # 118
  • Street Direction E
  • Street Name Chestnut
  • Suffix Street
  • City Morenci
  • State MI
  • Zip Code 49256
  • School District None
  • Key N/A
  • TownshipTax Authority None
  • County Lenawee
  • Subdivision None
  • Legal See assessor's record
  • Directions US 127 to Lime Creek to M156 to Morenci

General Property Info

  • Property Sub-Type Income
  • Building 1 Description Residential Rentals
  • # of Units 27
  • Year Built 1900
  • Foundation Size 1083
  • Above Grade Finished Area 1416
  • Living Area Source Estimated
  • Lot Size Dimensions 80x116
  • Lot Acres 0.21

Tax Info

  • State Eq Value 22900
  • Eq Year 2019
  • Taxes 1335
  • Tax Year 2019
  • Parcel # 420-0410-00
  • Taxable Value 22900
  • Taxable Value Year 2019
  • Zoning Residential
  • Additional Parcels Yes
  • Additional Parcels Description 540-0330-00 540-0292-00 540-0230-00 540-0540-00 420-0410-00 480-0100-00 000-0413-00 540-0080-00 420-0050-00 580-0112-00 300-0852-00 000-0461-00 540-0011-00 540-0380-00 000-0532-00 430-0020-00 300-0290-00 300-0340-00 430-0014-00 440-0452-00 570-0302-00 300-0730-00 300-0790-00 305-0600-00 480-0160-00 420-0061-00 620-0190-00

Compensation Info

  • Buyer Agency Compensation 2.00%
  • Sub Agency Compensation 0.00%

Details

  • Current Use

    Residential, Other

  • Basement

    Crawl Space, Michigan, None

  • Exterior

    Aluminum Siding, Brick, Vinyl Siding, Wood Siding

  • Parking Features

    Additional Parking, Asphalt, Concrete, Concrete, Driveway, Garage, No Garage, Parking Pad, Paved, Unimproved

  • Water Source

    Public

  • Sewer

    Public Sewer

  • Cooling

    Ceiling Fan(s), None, Other

  • Land & Acreage

    Up to 1/4 Acre

  • Architectural Style

    Ranch, Other

  • Levels

    Two

  • Terms

    Cash, Conventional, FHA

  • Showing Requirements

    Call Listing Agent


This listing was last updated on 2022-03-03T06:15:02Z

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.