703 Frankfort Avenue

  • $460,000
703 Frankfort Avenue, Elberta, MI 49628

703 Frankfort Avenue

703 Frankfort Avenue, Elberta, MI 49628
  • $460,000

Overview

Property ID: hz-1868977
  • Multi Family Home
  • Property Type
  • 5395
  • Sq Ft
  • 1
  • Year Built

Description

Great income opportunity. An attractive commercial building located in beautiful downtown Elberta, Michigan. The building has been completely renovated and has a 98% rental success rate. Three upstairs apartments, one two bedroom and two one bedroom, are continuously occupied. The two commercial spaces on the main floor have street access, each has its own bathroom and office space, are also currently occupied. Those spaces could be converted to residential apartments or continue to be a commercial use according to the current village zoning. There is a four bay garage at the west of the property, each bay is separately rented at this time, as well. A lovely fenced and landscaped garden area is accessed from the south commercial space as well as a private gate. 24 houe notice is required to see the apartments.

Details

  • Property ID: hz-1868977
  • Price: $460,000
  • Property Size: 5395 Sq Ft
  • Land Area: 0.2 Acres
  • Year Built: 1
  • Property Type: Multi Family Home
  • Property Status: For Sale
Updated on April 12, 2021 at 12:01 am
Listing Office : REO-TC/Beulah-Frankfort
Listing Member : Suzanne Voltz
  • Address 703 Frankfort Avenue
  • Zip/Postal Code 49628

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