$255,000
$275,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
0.33 Acres Lot
SOLD DATE : 04/24/2026
Key Details
Sold Price $255,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality St Johns City
MLS Listing ID 26006152
Sold Date 04/24/26
Year Built 1940
Annual Tax Amount $1,839
Tax Year 2025
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 97' x 132'
Property Sub-Type 5+ Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Excellent investment opportunity with this 5-unit multifamily property where the majority of updates have already been completed. Four of the five units have been improved, offering strong rental potential and reduced upfront renovation costs. Only one remaining unit awaits finishing touches, providing immediate value-add upside for the next owner.
With most of the heavy lifting already done, this property presents a great opportunity for investors looking to stabilize and increase cash flow quickly. Whether you're expanding your portfolio or entering the multifamily market, this asset offers both immediate income potential and future equity growth.
Location
State MI
County Clinton
Direction North on 127, left on North Clinton Ave.
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Exterior
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
View Y/N No
Roof Type Composition
Total Parking Spaces 6
Building
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District St John
Others
Tax ID 30049011701900
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Bellabay Realty LLC
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