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118 E Chestnut

Morenci, MI 49256
  • $1,935,000
  • STATUS: Active
  • ON SITE: 359 Days
  • MLS #: 202100210
UPDATED: 7 min ago
$1,935,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 33,483
    SQFT
  • $58
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Welcome to the City of Morenci. This residential rental income package comes with 27 single family homes throughout the city. All properties are currently tenant occupied. Each property features 2-4 bedrooms and 1-2 bathrooms. Each property has been maintained with over $400,000 in improvements in the last 10 years. You will not want to miss this income opportunity. Please reach out for further information.

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©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-01-20T11:47:15.283.
www.sellsmi.com/homes/113621771
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118 E Chestnut Morenci, MI 49256

  • Price: $1,935,000
  • Status: Active
  • On Site: 359 Days
  • Updated: 7 min ago
  • MLS #: 202100210
0
Beds
0
Baths
0
½ Baths
0.21
Acres
33,483
SQFT
$58
$/SQFT
Neighborhood:
None
County:
Lenawee
Area:
Morenci (46035)
Property Description
Welcome to the City of Morenci. This residential rental income package comes with 27 single family homes throughout the city. All properties are currently tenant occupied. Each property features 2-4 bedrooms and 1-2 bathrooms. Each property has been maintained with over $400,000 in improvements in the last 10 years. You will not want to miss this income opportunity. Please reach out for further information.
Exterior Features

Exterior Construction Frame Frontage 80 Lot Size 80X116 Roofing Shingles Waterfront YN No

Interior Features

Basement YN No Commercial Features Cable Tv AvailableTelephoneTrash Removal Fuel Type Natural Gas Heating System Forced Air

Property Features

Assessments YN No Commercial Type Commercial/Industrial Financial Terms CashConventional Lease Information Month-To-Month Lease YN No Municipality Morenci SEV 22900 Sev Year 2019 Sewer Septic Public Sanitary Subject To Short Sale Approval No Summer Tax Amount 602 Total Tax Amount 1328 Total Tax Year 2019 Water Public Water Winter Tax Amount 726

Listing courtesy of Howard Hanna Real Estate Executives.

Source MLS: MiRealSource
Originating MLS: Jackson Area AOR MLS

Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-01-20T11:47:15.283.
 
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The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507