Historical four unit apartment building, for sale in Dryden Michigan.
Listing details:
5550 Main St, Dryden MI, 48428
$210,000
MLS #212066212
4 bedrooms & 4 baths
3600 square feet
Full basement
Built in 1900
2 main level units are $550 each
2 upper level units are $500 each
Separate utilities
Community washer & dryer in basement
The numbers:
Purchase price: $210,000
10.0% down at 4.25% for 30 years**
Principal + interest + taxes + approximate insurance: $1,161**
Rental income: $2,100
Gross profit per month: $939
Contact Donald Horne at 810-338-0628 to schedule your private showing or email at donaldhorne.realtor@gmail.com
Historical four unit apartment building in downtown Dryden. All occupied! Each unit has been updated, one bedroom and one bath, separate utilities. Full basement with washer and dryer, corner lot, parking at rear of building, close to everything. Well kept building, trim work + cedar siding + roofing updated.
Land contract terms are available, private showings by appointment only, tenant rights.
Donald Horne, Team Success Listing
Associate Broker for Coldwell Banker Shooltz Realty
“real estate – mortgage – property management”
**down payment,rate,insurance,not guaranteed