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$ 92,700
Est. payment /mo
New
402 Black Street Caro, MI 48723
2 Baths
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261060776
HOA Y/N true
Annual Tax Amount $1,397
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60x123
Source Realcomp
Property Description
Investment opportunity with an occupied three-bedroom, one-bath first-floor unit featuring a kitchen, living room, and in-unit laundry. The first-floor unit is currently rented for $750 per month on a month-to-month basis, with the tenant paying utilities and handling lawn mowing. The second floor has a separate entrance and offers the potential to create a spacious one-bedroom apartment or additional income-producing unit after renovations are completed. This could be an excellent opportunity for an owner-occupant to live in one unit while renting the other. The second floor has separate gas service, while the electrical service is currently disconnected and will require evaluation and completion. The owner also began replacing the main cast-iron drain line. The property is currently being used as one rental unit. Buyer and buyer's agent should independently verify zoning, permitted use, rental certification, utility services, and all requirements necessary to complete and legally occupy the second-floor space.
Location
State MI
County Tuscola
Zoning Residential
Direction Driving from Montegue Ave through south west turn right on Norman street, at the intersection.
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Vinyl Siding
Schools
School District Caro
Others
Tax ID 050500457140000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Epique Realty
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250 Monroe Ave NW, Grand Rapids, MI, 49503, USA
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