6029 Fulton St - Apartments FOR SALE


Mayville, MI 48744
$215,000 USD
810-569-3455
6029 Fulton St, Mayville, MI for Sale
$215,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

6029 Fulton St
Mayville, MI 48744


HIGHLIGHTS

  • Roof replaced in 2016 with additional electrical and window updates.
  • Preserved original brickwork and historic architectural features.
  • Historic mixed-use building with storefront and three apartment areas.

OVERVIEW

Holy Smokes! Potential income x4 waiting for one lucky investor! Updated, well maintained historical building in the heart of Mayville Village is beautiful, charming, functional and loaded with quick and seamless potential! The chic modern facade was updated 2 years ago & immediately catches the eye. Ornate Original Brickwork has been routinely serviced & well preserved. An impressive multi story deck addition allows apartments their own outdoor terrace for summer enjoyment & easy access to private parking in back. Other major building updates inc: Roof 2016*Boiler 2018*Windows*Electrical*Egress window for lower apt 2025. Upper apartment is on its own meter. Street and lower level areas combined on 2nd meter. The upper floor 3 bed apartment is a mix of w/ old world charm & modern functionality. Soaring 10+' ceilings, Original 8" oak floorboards & window trim, quaint built-ins, updated (2024) country kitchen w/wood ceiling & artisan wood floor showcasing 17 types of wood! Huge storage area w/beautiful built in oak cupboard/shelving. Full bath updated 2024 & comfy sunroom off deck. Floorplan might allow for this to be converted to 2 units. The street level offers a storefront currently being used for a beauty salon. Front Display window, multiple plumbing hookups, small kitchenette & Storage area. The back apartment can be accessed from the street level or through the terrace in back. Good sized livingroom & bedroom. Kitchen w/access to terrace. Full bath incl laundry hookup. Basement apartment features full kitchen, livingroom, office, large bedroom w/egress, full bath & covered patio area. Large workshop/mechanical room for landlord.

FOR SALE DETAILS

PRICE

$215,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

4

PRICE/UNIT

$53,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1885

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

C

APN/PARCEL ID

040-500-103-0330-00

ASK ABOUT THIS PROPERTY

Michelle PlunkettRed Carpet Keim Action Group 1More Info
810-569-3455

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Michelle PlunkettRed Carpet Keim Action Group 1More Info
810-569-3455

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