402 S Cochran Avenue

Charlotte, MI 48813 / Brook

MLS ID# 250316 Active

$112,500


Map Layers

Description

Excellent investment opportunity with this 4 unit rental property located in Charlotte. The first unit features 3 bedrooms and 1 bathroom. Two other units are 1 bedroom, 1 bathroom each. The fourth unit is 2 bedrooms and 1 bathroom. All units includ... show more

Contract Info

  • Status Active
  • Street # 402
  • Street Direction S
  • Street Name Cochran
  • Suffix Avenue
  • City Charlotte
  • State MI
  • Zip Code 48813
  • Zip +4 2277
  • School District Charlotte
  • Key cbx
  • TownshipTax Authority Charlotte City
  • County Eaton
  • Subdivision Brook
  • Legal LOT 6 EXCEPT W 135 FEET. BROOKS' ADDITION CITY OF CHARLOTTE
  • Directions Corner of Cochran and Henry

General Property Info

  • Building 1 Description Main Building
  • # of Units 4
  • Year Built 1880
  • SqFt - Above Appx 3534
  • Parking Total 4
  • Lot Dimensions undefinedxundefined
  • Lot Acres 0.24

Tax Info

  • State Eq Value 56700
  • Taxes 3471
  • Tax Year 2019
  • Parcel # 23-200-042-500-065-00
  • Taxable Value 56500
  • Zoning Multi-Family

Compensation Info

  • Sub Agency Fee 0
  • Broker Agency Fee 3

Details

  • Annual Inc & Expense

    Gross Rent 25500 , Water/Sewer Expense 1000 , Tax Expense 3471 , Miscellaneous 800 , Electricity 2200 , Total Expense 8871 , Insurance 1400 , Net Income 16629
  • Unit 1

    Unit Apartment 1 , Baths 1 , Fireplace 1 , Monthly Income 700 , Tenant Name on file , Tenant Phone on file
  • Unit 1 Appliances

    Ovens 1 , Ranges 1 , Refrigerators 1
  • Unit 2

    Unit Apartment 2 , Baths 1 , Monthly Income 500 , Tenant Name Vacant
  • Unit 2 Appliances

    Ovens 1 , Ranges 1 , Refrigerators 1
  • Unit 3

    Unit Apartment 3 , Baths 1 , Monthly Income 425 , Tenant Name On file
  • Unit 3 Appliances

    Ovens 1 , Ranges 1 , Refrigerators 1
  • Unit 4

    Unit Apartment 4 , Baths 1 , Monthly Income 500 , Tenant Name On file
  • Unit 4 Appliances

    Ovens 1 , Ranges 1 , Refrigerators 1
  • Basement

    Crawl , Michigan
  • Exterior

    Brick
  • Driveway

    Dirt
  • Water

    Public
  • Sewer

    Public Sewer
  • Roof

    Shingle
  • Heating

    Forced Air - Gas
  • Water Heater

    Gas Natural
  • Land & Acreage

    Up to 1/4 Acre
  • Type

    Two Story
  • Terms

    Cash , Conventional
  • Showing

    24 Hour Notice , Combo

Local Information (click to view details)

Neighborhood noise levels

Map of this property's surrounding noise levels

Data provided by HowLoud




This listing was last updated on 2020-10-16T20:04:53Z