3 unit apartment in prime location with each unit having its own utilities paid by renters except water and sewer. 2 units upstairs and one down. The two upstairs are rented for $500 and $550. Upstairs units are 2 bedroom and 1 bedroom. All units need updating, with the downstairs being in the middle of being renovations. Downstairs is 3 bedroom and 1-12 baths. Handicap accessible. Great cash f...
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$87,000

RENTAL HOUSE

over a month agoLansing, MI+13 milesReal Estate for Sale
201 WEST LINCOLN STREET, SAINT JOHNS, MICHIGAN - My 3-unit rental house is back on the market with a reduced price and increased income. Units are always rented with signed leases for each unit generating $1,925 monthly income. I purchased the building on July 14, 2005 for $100,000. It appraised for $131,000 in 2015 and I am asking only $87,000. That is $29,000 per unit and will increase in val...