$650,000
For Sale

1523 SAINT CLAIR RIVER DRIVE

Algonac, MI 48001
4564 sqft | 7 baths | #20240008155
Browse 14 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

Welcome to this incredible investment opportunity. This 7 unit multi family home was remodeled in 2022 and currently has 4 tenants with a potential income of $5,800 a month. Located across the street from St Clair River. Potential cap rate of 8-9%

  • Interior Details
      • HeatingForced Air
    • Beds & Baths
      • Total Baths7.00
      • Bathrooms7
      • Full Baths7
  • Property Details
      • Square Feet4564
  • Construction Details
      • Property TypeInvestment
    • Condition
      • Year Built1995
  • Community and Neighborhood Details
      • ZoningMulti-Family
      • CountySt. Clair
      • School DistrictAlgonac
      • RegionAlgonac
  • Financial Details
      • Original List Price$650,000
  • Other
      • MLS #20240008155

Location

Jessica WebleyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00