3890 L.15 Ln, Ford River MI 49829 $320,000

3890 L.15 Ln, Ford River 10 Units $320,000 Active

  • Multi-Family
  • Status: Active
  • Total Number of Units: 10
  • Est. Acreage: 0.74
  • School District: Escanaba
  • County: Delta
  • Property Taxes: $5,684
  • Property Tax Year: 2019
  • MLS#: 1679733
  • Listing Company: Coldwell Banker Schmidt

3890 L.15 Ln, Ford River, MI 49829 - Great Investment Opportunity! 10 Unit apartment complex. There are 2 parking structures on the property. Each tenant gets a stall for parking. 8 of the units are 2 bedrooms and tenants pay electric. 2 of the units are 1 bedroom. The 1 bedroom units are located at basement level and have a walk out to a concrete patio. 8-units are heated with electric forced air furnaces. 2 of the units are heated with gas hot water and heat is included. Each unit has it's own hot water heater, electrical panel, and secure storage area in the basement. Coin operated laundry set up in the basement for convenience. There is an additional 24x28 garage on the property for owner to store maintenance equipment.

Additional Features
  • Block, Full
  • Heating/Cooling: Forced Air, Natural Gas, Other
  • Water Waste: Other
  • Apartment Building
  • Roof: Composition
  • Waterfront/Access: N
  • Lot Size: 261X140X120X288
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1679733 Jun 29 2020 10:12PM $320,000 $350,000 210
1679733 Active ActiveWO May 14 2020 4:44AM 210
1679733 ActiveWO Active Mar 12 2020 7:35AM 210
1679733 Active Mar 5 2020 2:27PM $350,000 210

Estimated Monthly Payment

$3,287 per month
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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