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1490 Wells Street

Burton, MI 48529
  • $89,000
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: 2210089370
UPDATED: 67 min ago
$89,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,240
    SQFT
  • $40
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:
Area:
Zoning:
Residential
Lot Size Dimensions:
90.00X105.00

School Ratings & Info

School District:

Description

Perfectly updated turn-key multi-family investment property. Ideal for a discerning investor who is looking for strong cash flow on day one with all major improvements completed. Endless updates include new roof, windows, furnaces, dewatering system, electrical, water heater, and interior finishes. Generous parking space. Tenant pays their own gas/heat. Landlord provided electric and water.

Monthly Payment Calculator



© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Alex Nugent Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-12-07T12:56:52.213.
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1490 Wells Street Burton, MI 48529

  • Price: $89,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 67 min ago
  • ID#: 2210089370
0
Beds
3
Baths
0
½ Baths
0.22
Acres
2,240
SQFT
$40
$/SQFT
1949
Built
Neighborhood:
Baker Park
County:
Genesee
Area:
Burton
School District:
BENDLE
Property Description
Perfectly updated turn-key multi-family investment property. Ideal for a discerning investor who is looking for strong cash flow on day one with all major improvements completed. Endless updates include new roof, windows, furnaces, dewatering system, electrical, water heater, and interior finishes. Generous parking space. Tenant pays their own gas/heat. Landlord provided electric and water.
Exterior Features

Architecture Level 2 Story Architecture Style Triplex Construction Materials AluminumVinyl Exterior Features FencedOutside Lighting Foundation Details Basement Foundation Features Sump Pump Foundation Materials Block Lot Size Dimensions 90.00X105.00 Parking Total 5 Pool YN No Road Frontage Feet 90 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 3.00 Cooling Ceiling Fan(S) Heating Forced Air Heating Fuel Natural Gas Interior Features Cable AvailableDual-Flush Toilet(S)High Spd Internet Avail Living Area Source Assessor Room Count 0 Sq Ft Combined 2240 Sq Ft Total Basement 1120 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 2 Unit Three Bed Number Of 0 Unit Two Bed Number Of 1 Water Heater Fuel Electric

Property Features

Assessment 474.12 Down Payment Resource YN Yes Encroachment YN No Exclusions YN No Existing Lease YN Yes Gross Scheduled Income 21000.00 Income Projection Actual Land Contract YN No Listing Financing CashConventionalFha Monthly Rental Income 1750 Net Operating Income 16000.00 Number Of Units Leased 2 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed Cats OkDogs Ok Postal City Burton Protection Period 360 Rent Includes HeatWater/Sewer Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 2409.0000 Tax Amount Winter 941.0000 Title Private - Owned Total Tax 3350.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 1490 WELLS ST Water Source Municipal Water Year Remodeled 2018 Zone Conform YN Yes Zoning Residential

IDX provided courtesy of Realcomp II Ltd., via American Associates Inc and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Alex Nugent Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-12-07T12:56:52.213.
 
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