$395,000
$435,000
9.2%For more information regarding the value of a property, please contact us for a free consultation.
6 Baths
SOLD DATE : 06/26/2025
Key Details
Sold Price $395,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Hanover Vlg
Subdivision Hanover Vlg
MLS Listing ID 20250014680
Sold Date 06/26/25
Year Built 1964
Annual Tax Amount $7,441
Lot Dimensions 198.00 x 152.00
Source Realcomp
Property Description
Well managed and fully occupied cash flowing opportunity in the quiet village of Hanover. This apartment complex is in excellent condition and has had major cap x done in the past 4 years including roof replacements and upgrades to well and septic and water filtration systems. Tenants are all current and every unit is in great condition. Professional property management has maintained and addressed issues as they arise- no deferred maintenance here! Vinyl sided, newer windows and new and well maintained mechanicals make this property ideal for an investor who truly wants to be hands off with a property that doesn't require municipal inspections. Separate mechanicals and utilities. SOLD AS IS Actuals are available. Land Contract terms offered at higher price see agent notes BATVAI
Location
State MI
County Jackson
Zoning Multi-Family
Direction State street just past split rail trail and Historic Organ Museum. If you pass the dentist office coming from the east you've gone too far.
Rooms
Basement Slab
Interior
Heating Baseboard, Hot Water, Radiant
Exterior
View Y/N No
Building
Water Well
Structure Type Vinyl Siding
Others
Tax ID 000172812602000
Acceptable Financing Cash, Conventional, Contract
Listing Terms Cash, Conventional, Contract
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Lic# 501408694