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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 2,218 sqft
Price per Sqft $229
Subdivision Price Place Sub
MLS Listing ID 20261017231
Style Other
Full Baths 3
Year Built 1982
Lot Size 6,969 Sqft
Property Sub-Type MultiFamily
Property Description
Offer deadline for Friday, March 27 at 5:00 p.m. Tremendous opportunity to invest in a multifamily property in the heart of downtown Plymouth, located right next to the Plymouth Public Library and just steps from everything downtown has to offer, including the Kellogg's Park, Penn Theatre, shopping, and a wide variety of restaurants. This property features three units: two lower-level units, each offering two bedrooms and one full bath, and one upper-level unit with one bedroom and one full bath. All units include stainless steel appliances and private, in-unit laundry rooms. The upper unit features a gas range, while the two lower units are equipped with electric ranges. Major updates include brand new windows and a new roof completed in 2024. Kitchens and bathrooms have been updated within the past six years, and the water heater was replaced within the last seven years. The upper unit has been fully remodeled in 2026. The total monthly income is $3,810, or $45,720 annually. The net operating income comes in at $34,640. Gas and electric are metered individually and paid by each tenant. A strong investment opportunity in a prime location. Reach out for more details.
Location
State MI
County Wayne
Area Area05013Plymouth
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Exterior
Pool None
View Y/N No
Roof Type Asphalt
Building
Foundation Slab
Sewer Public Sewer
Water Other
New Construction No
Schools
High Schools Plymouth Canton
School District Plymouth Canton
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Pets Allowed No
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Bought with Century 21 Curran & Oberski
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