259 S Lake Pleasant Rd - Apartments FOR SALE


Attica, MI 48412
$314,700 USD
810-338-6000
259 S Lake Pleasant Rd, Attica, MI for Sale
$314,700 USD
Apartments - FOR SALE
1/31
null | 7.3% Cap Rate

259 S Lake Pleasant Rd
Attica, MI 48412


HIGHLIGHTS

  • Updated Mechanicals
  • Garage Parking for Each Unit
  • Location Location Location
  • Great Occupancy Rate

OVERVIEW

CHARMING and Updated Brownstone... ALL THE HEAVY LIFTING IS DONE... 2020 Roof Shingles. 1-HVAC 2022 Central A/C and Supplement Mini-Split. 1-2022 'On-Demand' Water Heater. 1-2020 Water Conditioner. Dedicated Attached Garage One Car Parking for each Unit. Adjacent are 6 Dedicated Spaces in PAVED DRIVEWAY with turn around. More than AMPLE All Private OFF STREET Parking for BOTH UNITS. House Was once configured as a 3-Unit. Each of the Current 2-Units is metered independently for Utilities... both Gas (Consumers) and Electric (DTE) Updated Well and Septic System 1999. Great Location... just 2 minutes off of I-69. Quaint Village of Attica, Michigan. Meat Market is walking Distance. Village has it's own US Post Office, Dollar General, Civic Center with a 1-Mile Walking Track, Baseball/Athletic Fields and Play-Grounds. Located less than 40 minutes Drive From Multiple Metro Job Markets... Auburn Hills, Rochester, Sterling Hts, Flint, Port Huron. Annualized Occupancy: 95%+ Parcel Dimensions, House, and Acreage Based on +/- Tax Assessor Municipal Data, Legal Descriptions of Record, Assessor Descriptions and Municipality Data Sources. Equal Housing Opportunity. All data, information, and details herein and provided by the Seller and Broker, including and not limited to Acreage, Legal Descriptions, Boundary Lines, and Square Feet, is deemed reliable, however, purchaser must independently verify all.

FOR SALE DETAILS

PRICE

$314,700 USD

PRICE/SF

$165 USD /SF

# OF UNITS

2

PRICE/UNIT

$157,350

CAP RATE

7.3%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

259 S Lake Pleasant Rd, Attica Unit1-2

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

8

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential

APN/PARCEL ID

44-003-162-003-00

ASK ABOUT THIS PROPERTY

John LagalskiShore To Shore LLCMore Info
810-338-6000

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John LagalskiShore To Shore LLCMore Info
810-338-6000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.