112 W Front
$399,900
112 W Front RAISINVL Township, MI 48161
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About this listing
Check out this awesome investment property! It’s located right on the riverfront, in a vibrant downtown area. It’s a mixed-use property with three office suites and three cozy one-bedroom apartments. There’s even a large garage and a spacious basement. The property was renovated back in 1995, so it’s got a great mix of old and new charm. It has a new roof and new A/C units. This property is very well kept. The gross rents are a whopping $56,000, and the net operating income is $37,000. Plus, it’s super convenient - it’s right next to a park, the River Raisin, and a bakery shop. What more could you want?
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Building Size
6,790 sqft
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Lot Area
0.09 acres
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Zoning
CBD
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MLS ID
50167206
DESCRIPTION
- • Lot Dimension: 43 x 91
- • Annual Tax: $ 9310.0
- • Cooling: Central A/C
- • Heating Fuel Type: Gas
- • Lot Size: Under 1/2 Acre
- • Sewer: City
- • Water: City Water
