$179,900
Sault Ste Marie, MI 49783
MLS# 20-630
Status: Sold
1 / 47
Property Description
5 RENTAL UNITS IN 3 SEPARATE BUILDINGS. 2 OF THE BUILDINGS ARE DUPLEXES AND THE 3RD BUILDING IS A 1 BEDROOM RANCH STYLE HOME. ALL THE UNITS ARE CURRENTLY RENTED. MANY NEW UPDATES HAVE BEEN COMPLETED AND SOME OF THE UNITS HAVE BEEN TOTALLY UNDATED WITH BATHROOMS AND KITCHENS. PRIME LOCATION WITHIN WALKING DISTANCE TO LAKE SUPERIOR STATE UNIVERSITY AND WAR MEMORIAL HOSPITAL. LARGE PARKING AREA IN BACK. SOME OF THE UNITS HAVE SEPARATE UTILITIES. BUT THE OWNER INCLUDES , HEAT, ELECTRIC, WATER, GARBAGE IN THE MONTHLY RENT. THIS IS A GREAT OPPORTUNITY TO LIVE IN ONE OF THE UNITS AND LET THE TENANTS MAKE YOUR MORTGAGE PAYMENTS. 24 HOUR NOTICE NEEDED FOR ALL SHOWINGS. SELLER WILL NOT SPLIT: ADDRESSES ARE 1110 ASHMUN, 1112 ASHMUN & 1114 ASHMUN.
Details
Documents
Contract Information
For Sale or Rent: For Sale
Current Price: $179,900
List Date: 2020-07-17
List Price: $179,900
Status: Sold
Property Information
Type: Duplex
Realtor.com Type: Multi-Family
Garage: No
Basement: Yes
Utilities: Separate
Lot Size: 113 X 125
Source of sq. ft.: Other
Property Condition: GOOD
Parking: YES
Duplicate: No
Number of Units: 5
Location, Tax and Legal
School District: Sault Ste Marie
Parcel ID: 051-651-010-00, 651-011-00 & 651-012-00
Taxes: 2969.16
Tax Year: 2019
Directions and Remarks
Directions: SOUTH OF EASTERDAY ON THE WEST SIDE OF THE ROAD
Hot Sheet Comment: new
Book Msg 2: *** NEW LISTING ***
Annual Income
Total Gross: 36145.01
Net Income: 23514.39
Annual Expenses
Insurance: 1491.62
Other: 799.88
Garbage: 645.6
Electric: 3241.89
Heat: 2420.26
Water: 1571.26
Unit 1
Rooms: 6
# Bedrooms: 1
# Baths: 1
Rent: 650
Aprox SqFt: 748
Location: 1
Occupied: Yes
Appliances Incl: YES
Unit 2
Rooms: 5
# Bedrooms: 1
# Baths: 1
Rent: 650
Aprox SqFt: 784
Location: 2
Occupied: Yes
Appliances Incl: YES
Documents on File
Owner Operating Stmt: 1
Unit 3
Rooms: 4
# Bedrooms: 1
# Baths: 1
Rent: 650
Aprox SqFt: 396
Location: 3
Occupied: Yes
Appliances Incl: YES
Unit 4
Rooms: 6
# Bedrooms: 2
# Baths: 1
Rent: 800
Aprox SqFt: 760
Occupied: Yes
Appliances Incl: YES
Unit 5
Rooms: 3
# Bedrooms: 1
# Baths: 1
Rent: 550
Aprox SqFt: 480
Occupied: Yes
Appliances Incl: YES
Possession
Subject to Tenants: 1
Occupancy
Tenant: 1
Exterior
Vinyl: 1
Wood: 1
Util Pd By Owner
Gas: 1
Electricity: 1
Water: 1
Garbage: 1
Applies All Units: 1
Showing Instructions
24 Hr Notice: 1
Appointment Only: 1
Key in Office: 1
See Private Remarks: 1
Utilities P/B Renter
Cable: 1
Miscellaneous
Security Deposits: 1
Water & Sewer
Public Sewer: 1
Public Water: 1
Number of Stories
Two: 1
Location Tax and Legal
Area: 12 - Sault Ste. Marie (East)
Unit #/St #/Space #: 1110-1114
Street Name: Ashmun
Street Suffix: ST
State: MI
Zip Code: 49783
County: CHIPPEWA
Sold Info
Contingent: Active w/Contingencies
Sold Date: 2020-11-06
Property Features
Documents on File: Owner Operating Stmt
Occupancy: Tenant
Exterior: Vinyl; Wood
Util Pd By Owner: Gas; Electricity; Water; Garbage; Applies All Units
Miscellaneous: Security Deposits
Number of Stories: Two
Possession: Subject to Tenants
Showing Instructions: 24 Hr Notice; Appointment Only; Key in Office; See Private Remarks
FLOOR PLANS OF ALL 3 BUILDINGS 
Listing Office: RE/MAX NorthStar Realty
Listing Agent: CYNTHIA COLLINS
Last Updated: August - 27 - 2024
Information deemed reliable but not guaranteed.