2345 Cedar Street

Holt, MI 48842 / Sterling Farms

MLS ID# 260659 Active

$220,000

sqft


Description

5 Unit (2 building) Rental Property, 100% Rented. Long Term owner now retiring. Ample parking. Good Condition. $2,500 per Month Rent
  • Status Active
    • Street # 2345
    • Street Name Cedar
    • Suffix Street
    • City Holt
    • State MI
    • Zip Code 48842
    • Zip +4 2155
    • School District Holt/Dimondale
    • Key List Office
    • TownshipTax Authority Delhi Twp
    • County Ingham
    • Subdivision Sterling Farms
    • Owner Name C/O Musselman Realty
    • Owner Phone 517-332-3582
    • Legal LOT 7, & PT LOT 8 BEG AT SE'LY COR THF, TH NW'LY ON W LN OF US-127 10 FT, TH SW'LY PLL W/ SE'LY LN OF LOT 8 TO PT 45 FT DUE E OF W LN OF SD LOT, TH S TO SE'LY LN LOT 8, TH NE'LY TO BEG, STERLING FARMS.
    • Directions Follow Cedar St. south from I-96 to the property on the west side of the Street between Willoughby & Keller Rd

    General Property Info

    • Building 1 Description 4 Unit Building 2418' sqft
    • Building 2 Description 1 Unit Building 587' sqft
    • # of Units 5
    • Year Built 1920
    • Above Grade Finished Area 3005
    • Living Area Source Assessor
    • Parking Total 8
    • Frontage Length 80
    • Lot Size Dimensions 80 x 219
    • Lot Acres 0.4

    Tax Info

    • State Eq Value 83200
    • Eq Year 2021
    • Taxes 4869
    • Tax Year 2021
    • Parcel # 33-25-05-15-253-013
    • Taxable Value 66855
    • Taxable Value Year 2021
    • Zoning Multi-Family

    Details

    • Annual Inc & Expense

      Gross Rent 30000 , Tax Expense 4809
    • Unit 1

      Unit 1 , Baths 1 , Monthly Income 600
    • Unit 2

      Unit 2 , Baths 1 , Monthly Income 500
    • Unit 3

      Unit 3 , Baths 1 , Monthly Income 500
    • Unit 4

      Unit 4 , Baths 1 , Monthly Income 500
    • Laundry Features

      None
    • Unit Information

      License/Register Exp 2022-12-31 , # Deposits 5 , # Written Leases 2
    • Misc Business Info

      # Parking 8 , Parking Surface Paved , Roof Type Shingle

      Zoning

      R-D
    • Basement

      Full , Shared
    • Exterior

      Vinyl Siding
    • Parking Features

      Parking Lot , Paved
    • Water Source

      Public
    • Sewer

      Public Sewer
    • Roof

      Shingle
    • Road Frontage Type

      City Street
    • Road Surface Type

      Paved
    • Heating

      Forced Air , Natural Gas
    • Cooling

      None
    • Land & Acreage

      1/4+ thru 1/2 Acre
    • Levels

      Two
    • Terms

      Cash , Conventional
    • Showing Requirements

      24 Hour Notice , Appointment Only , Key In Office , Showing Time , Sign on Property
    • Showing Details

      Showing Advance Notice 48 , Showing Attended Yes


    This listing was last updated on 2021-11-08T14:13:28Z