1111 Water Street

Eaton Rapids, MI 48827 / None

MLS ID# 275060 Active

$115,000

2 units
4 parking spaces
sqft


Description

Welcome to this charming two-story, two-unit rental property situated on a generous corner lot within a tranquil neighborhood. This property offers an exceptional opportunity! With its prime location, thoughtful layout, and modern amenities, it is a... show more
  • Street # 1111
  • Street Name Water
  • Suffix Street
  • City Eaton Rapids
  • State MI
  • Zip Code 48827
  • School District Eaton Rapids
  • Key CBX
  • TownshipTax Authority Eaton Rapids City
  • County Eaton
  • Subdivision None
  • Legal LOTS 2 & 3, BLOCK 4, VAUGHANS ADDITION CITY OF EATON RAPIDS
  • Directions On the corner Water St and Hale St

General Property Info

  • Building 1 Description 2 Story
  • # of Units 2
  • Year Built 1900
  • Above Grade Finished Area 1536
  • Living Area Source Public Records
  • Parking Total 4
  • Lot Size Dimensions undefinedxundefined
  • Lot Acres 0.3

Tax Info

  • State Eq Value 61000
  • Eq Year 2022
  • Taxes 2057.58
  • Tax Year 2022
  • Parcel # 2300-084-604-020-00
  • Taxable Value 34212
  • Taxable Value Year 2022
  • Zoning Multi-Family

Compensation Info

  • Buyer Agency Compensation 3.00%
  • Sub Agency Compensation 0.00%

Details

  • Annual Inc & Expense

    Gross Rent:15600, Water/Sewer Expense:840, Tax Expense:2057.58, Electricity:900, Maintenance:3000, Total Expense:6754, Insurance:23200, Management:1333, Net Income:5400
  • Unit 1

    Unit:1111 Water St, Baths:1
  • Unit 1 Appliances

    Dryers:1, Ranges:1, Refrigerators:1, Washers:1
  • Unit 2

    Unit:1111 1/2 Water St, Baths:1
  • Unit 2 Appliances

    Ranges:1, Refrigerators:1
  • Laundry Features

    Electric Dryer Hookup, In Unit, Main Level
  • Lot Features

    City Lot, Corner Lot, Few Trees, Front Yard, Level
  • Misc Business Info

    # Parking:4, Construction Type:Wood Frame, Parking Surface:Gravel, Roof Type:Shingle
  • Basement

    Concrete, Crawl Space, Michigan, Shared
  • Exterior

    Vinyl Siding
  • Exterior Features

    Balcony, Private Entrance, Private Yard
  • Parking Features

    Driveway, Unimproved
  • Water Source

    Public
  • Sewer

    Public Sewer
  • Window Features

    Storm Window(s), Wood Frames
  • Roof

    Shingle
  • Patio & Porch Features

    Front Porch, Glass Enclosed, Rear Porch
  • Road Frontage Type

    City Street
  • Road Surface Type

    Asphalt
  • Heating

    Forced Air, Natural Gas
  • Cooling

    None
  • Flooring

    Carpet, Vinyl
  • Land & Acreage

    1/4+ thru 1/2 Acre
  • Architectural Style

    Traditional
  • Levels

    Two
  • Terms

    Cash, Conventional
  • Showing Requirements

    24 Hour Notice, Appointment Only, Showing Time
  • Disclosures

    Lead Based Paint, Sellers Disclosures


This listing was last updated on 2023-09-21T16:05:14Z

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