314 Eastman Avenue, Midland, MI 48460
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314 Eastman Avenue, Midland, MI 48460
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Christina Reimer

Christina Reimer

+1(989) 430-9099
$ 845,000
Est. payment /mo
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314 Eastman Avenue Midland, MI 48460

10 Beds

5 Baths

6,710 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,710 sqft

Price per Sqft $125

Subdivision Mi

MLS Listing ID 50217437

Style 1 1/2 Story

Bedrooms 10

Full Baths 5

Year Built 1960

Annual Tax Amount $3,000

Lot Size 0.460 Acres

Acres 0.46

Property Sub-Type Multi-Family

Property Description

PACKAGE OF (4) LEASED INVESTMENT PROPERTIES NOW REDUCED!! $845,000 FOR SALE: (4) LEASED MULTIFAM/COMMERCIAL INVESTMENT PROPERTIES! CALL BROKER FOR ALL THE DETAILS AND FOR THE MARKETING BROCHURE. PLEASE DO NOT APPROACH TENANTS! There are (4) addresses for this package sale. All properties to be sold together- no separate sales! 314 Eastman- Zoning Office Service (office on street level- apartment upper level, 507 W. Buttles (RES Duplex but currently used as a single fam residence- Zoning Office Service), 501 W. Buttles (RES Duplex but currently used as single fam residence- Zoning Office Service), 421 W. Buttles (RES Duplex- used as Single fam home- Zoning Office Service). All are currently leased! Keep the revenue of the leases while you wait for redevelopment opportunities in Downtown Midland- Great location!! Highly visible Investment as you travel down M-20 (BUTTLES) to the downtown area where the Dow Diamond is located, East End, several offices, retail and multiple restaurants, including the ZINC CAFE and the H Hotel, upscale dining and accommodations which is just around the corner from this Investment. Note on the opposite end of the street where Buttles and Jerome meet there is a very popular gas station- see additional details for potential redevelopment of the downtown area. INVESTORS: CAP RATE IS 6.8% Great location! Well maintained! All are leased now, they all have been consistently leased through the many, many years the owners have had the properties. Upside potentials, Call Trademark Commercial at 989-792-6400 for additional details.. Thank you!

Location

State MI

County Midland

Area Midland (56020)

Zoning Mixed Use,Multi-Family,Professional Office,Commercial,Residential

Multi-Unit Info

Total Units 4

Interior

Heating Forced Air

Exterior

Exterior Feature Other, Vinyl Siding

Parking Features Detached Garage

Garage Spaces 1.0

Building

Story 1 1/2 Story

Foundation Basement

Water Public Water

Schools

School District Midland Public Schools

Others

Ownership LLC

Energy Description Natural Gas

Financing Cash,Conventional

Listed by Trademark Commercial Group
Christina Reimer

Christina Reimer

Agent

+1(989) 430-9099

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