$400,000
$624,900
36.0%For more information regarding the value of a property, please contact us for a free consultation.
521 STATE Street Algonac, MI 48001
12 Beds
12 Baths
7,552 SqFt
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 7,552 sqft
Price per Sqft $52
Subdivision Assessors Plat No 1-Algonac
MLS Listing ID 2220032279
Sold Date 08/29/22
Style Upper/Lower Apartment
Bedrooms 12
Full Baths 12
Originating Board Realcomp II Ltd
Year Built 1970
Annual Tax Amount $6,331
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 150.00X120.00
Property Description
Twelve unit Multi-Family building featuring (Eight) One bedrooms units & (Four) Two bedroom units. Eight of the Twelve units have been updated. Newer roof & mechanicals. Algonac is a great location for rentals with a demanding market and low inventory of availability. Current owner has always been proactive on maintenance & repairs. Do not miss this opportunity on a great income producing asset.
Location
State MI
County St. Clair
Area Algonac
Zoning Multi-Family
Direction North side of Pointe Tremble & East side of State St.
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Wall Unit(s), Window Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Roof Type Asphalt
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Upper/Lower Apartment
Level or Stories 2 Story
Structure Type Brick
Schools
School District Algonac
Others
Pets Allowed Yes
Tax ID 74011110012000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Rebuilt Year 2020
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Keller Williams Lakeside