314 Eastman Ave, Midland, MI 48460

$845,000
10
BD
5
BA
6,710
SqFt

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List Price
$845,000
Status
ACTIVE
MLS#
50217437
Subtype
Residential Income
Year Built
1960
Bedrooms
10
Bathrooms
5
Full Baths
5
Living Area
6,710
Lot Size
20,037
Acres
0.46
Subdivision
Unk
MLS Area Major
Midland (56020)

Property Description

PACKAGE OF (4) LEASED INVESTMENT PROPERTIES NOW REDUCED!! $845,000 FOR SALE: (4) LEASED MULTIFAM/COMMERCIAL INVESTMENT PROPERTIES! CALL BROKER FOR ALL THE DETAILS AND FOR THE MARKETING BROCHURE. PLEASE DO NOT APPROACH TENANTS! There are (4) addresses for this package sale. All properties to be sold together- no separate sales! 314 Eastman- Zoning Office Service (office on street level- apartment upper level, 507 W. Buttles (RES Duplex but currently used as a single fam residence- Zoning Office Service), 501 W. Buttles (RES Duplex but currently used as single fam residence- Zoning Office Service), 421 W. Buttles (RES Duplex- used as Single fam home- Zoning Office Service). All are currently leased! Keep the revenue of the leases while you wait for redevelopment opportunities in Downtown Midland- Great location!! Highly visible Investment as you travel down M-20 (BUTTLES) to the downtown area where the Dow Diamond is located, East End, several offices, retail and multiple restaurants, including the ZINC CAFE and the H Hotel, upscale dining and accommodations which is just around the corner from this Investment. Note on the opposite end of the street where Buttles and Jerome meet there is a very popular gas station- see additional details for potential redevelopment of the downtown area. INVESTORS: CAP RATE IS 6.8% Great location! Well maintained! All are leased now, they all have been consistently leased through the many, many years the owners have had the properties. Upside potentials, Call Trademark Commercial at 989-792-6400 for additional details.. Thank you!

Additional Information

Taxes
$3,000
Heating
Forced Air
Stories
1
Levels
One and One Half
Foundation
Basement
Garage Spaces
1
School District
Midland Public Schools

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Listing Courtesy of Trademark Commercial Group, Office Phone: