250 E SEBEWAING Street
Sebewaing Village, MI 48759

$395,000
Est. Mortgage: $1,918/mo
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Pending
  • 5,500
    sq.ft.
Commercial

RIVERVIEW APARTMENTS!! 2 APARTMENT COMPLEXES WITH 8-1 BED ROOM APARTMENTS AND 8-2 BED ROOM APARTMENTS. THE VIEW IS AMAZING PLACED RIGHT ON THE SEBAWING RIVER. LOTS OF PROFIT EACH YEAR TO WORK ON THE COSMETIC PARTS OF THE COMPLEXES. LAUNDRY ROOM WITH 2 WASHERS AND 2 DRYERS. EACH APARMENTS COMES WITH A STORAGE CLOSET IN THE BASEMENT PLACED NEXT TO THE LAUNDRY ROOM FOR ALL YOUR CLIENT'S STORAGE NEEDS. EACH 2 BED ROOM APARTMENT HAS A ATTACHED DECK AND EACH 1 BEDROOM HAS A NICE PORCH TO RELAX ON AND ENJOY THE VIEWS. NEW ROOFS 4 YEARS AGO. THE OWNER OF THE APARMENTS PAYS WATER, SEWER, AND TRASH=$15,000. INSURANCE IS $900 EVERY OTHER MONTH. APARTMENTS 12 AND 16 ARE ALL NEW FROM TOP TO BOTTOM! NET AND ANNUAL INCOME IS BASED ON COMPLEX FULLY OCCUPIED. COME CHECK OUT THIS AMAZING INVESTMENT OPPORTUNITY!

Property Details
  • Unionville Sebewaing
    school district
  • $7,105.00
    taxes
  • 218028444
    MLS#
Electric heat
Basement
Crawlspace
School district: Unionville Sebewaing
Brick exterior
Wood exterior
Waterfront lot
Body of water: SEBEWAING RIVER
Lot size: 159x566x177x449
Lot zoned: Commercial
Present use: 8-2 BED ROOM APARTMENTS 8-1 BEDROOM APARTMENTS
Frontage: 743
City water
Units in building(s): 16
1 Bedroom units: 8
2 Bedroom units: 8
Total square feet: 5500
For sale
Summer tax: 2840.0000
Winter tax: 4265.0000
Business type: Residential
Courtesy of:
Coldwell Banker Professionals

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Address Distance Sale date Sale price
8157 COTTAGE DR 5.09 mi. 10/7/2016 $38,200
8157 COTTAGE DR 5.12 mi. 10/7/2016 $38,200
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{"markerType": "Sold", "lat": "43.702082", "lng": "-83.546559", "Address": "8157 COTTAGE DR", "City": "UNIONVILLE", "StateProv": "MI", "ZipCode": "48767"}
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Sebewaing Village Real Estate Market in 48759
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Properties for sale right now
$52,400
Average sale price
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The approximate monthly principal & interest payment for this property would be $1,917.65.

This payment is based on a 30-year loan at a fixed rate of 4.500 % - APR 4.573 % with a down payment of $19,750. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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250 E SEBEWAING Street, Sebewaing Village, MI 48759 commercial offered for sale at $395,000.
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