112 W Main Street

Potterville, MI 48876 / Amended City Of Potterville

MLS ID# 251996 Active
Income

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$114,900

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• Description
• Contract Info
• Location & Legal Info
• General Property Info
• Tax Info
• Compensation Info
• Details
• Documents

Description

Great investment opportunity! At 112 W Main St, you have a 2 unit Commercial building up front that is currently rented out by two local businesses with great rental history, and in the back you have a 3 bed / 1 bath two story farm house that was just fully renovated. Huge potential for a new buyer to either live in the house and collect rent from the two businesses or to rent out the house as well as the two businesses and cash flow very nicely every month! Both businesses are on month-to-month leases currently. Great investment opportunity! At 112 W Main St, you have a 2 unit Commercial building up front that is currently rented out by two local businesses with great rental history, and in the back you have a 3 bed / 1 bath two story farm house that was ju... show more

Contract Info

• Status Active
• Lease/List Price/SqFt 95.75

Location & Legal Info

• Street # 112
• Street Direction W
• Street Name Main
• Suffix Street
• City Potterville
• State MI
• Zip Code 48876
• Zip +4 5135
• School District Potterville
• Key ELEC
• TownshipTax Authority Potterville City
• County Eaton
• Subdivision Amended City Of Potterville
• Legal E 40 FEET OF LOT 1. BLOCK 18. & ADJACENT W 1/2 OF VACATED ALLEY. AMENDED PLAT, CITY OF POTTERVILLE
• Directions On the North side of W Main St, in between N Dunbar St and N Church St.

General Property Info

• Property Sub-Type Income
• Building 1 Description Two Unit Commercial Property
• Building 2 Description Single Family Residence (2 Story Farm)
• # of Units 2
• Year Built 1910
• Foundation Size 1200
• Baths 1
• Lot Dimensions undefinedxundefined
• Lot Acres 0.1

Tax Info

• State Eq Value 39000
• Taxes 648
• Tax Year 2020
• Parcel # 23-700-000-618-010-00
• Taxable Value 15262
• Zoning Commercial

Compensation Info

• Sub Agency Fee 0
• Broker Agency Fee 3

Details

• Current Use

  Professional Service , Residence

• Unit 1

  Unit Hair/Nail Salon , Monthly Income 500

• Unit 2

  Unit Photography Studio , Monthly Income 325

• Appliances

  Gas Oven , Gas Range , Gas Water Heater , Microwave

• Basement

  Michigan , Partial , Slab

• Exterior

  Brick , Vinyl Siding

• Driveway

  Dirt

• Sewer

  Public Sewer

• Roof

  Shingle , Steel

• Attached

  false

• Heating

  Forced Air , Forced Air - Gas , Natural Gas

• Land & Acreage

  Up to 1/4 Acre

• Terms

  Cash , Conventional

Documents

LBP