611 Prospect Street, Marshall City, Michigan 49068
$379,000
Property Details
- MLS#: 66026051181
- Bedrooms: N/A
- Bathrooms: N/A
- Square Feet: N/A
- Lot Size: N/A
- Year Built: 1905
- Property Type: ResidentialIncome
- Transaction: For Sale
- Listing Status: Active
Tax and Assessment Information
Tax and assessment information is unavailable.
Description
GREAT Investment opportunity in the booming town of Marshall. This rare opportunity to purchase a FULLY leased 4-unit apartment building generating over $3,700 per month ($44,400 annually) in gross rental income. This approximately 2,800-square-foot property provides immediate cash flow with long-term appreciation potential due to below-market rents in one of Michigan's strongest small multifamily markets, driven by the construction of the Ford BlueOval Plant. In addition, there is also a possibility of a 5TH APARMENT on the 3rd Floor. Owner is also selling 607 W Prospect (3-unit) next door, which opens up possibilities for portfolio buyers to increase their footprint within the same street.
Location
This property is located in Marshall City, Michigan. Marshall City is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 611 Prospect Street?
611 Prospect Street is listed at $379,000.
How many bedrooms does 611 Prospect Street have?
This property has N/A bedrooms and 0 bathrooms.
Ask about this property
Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.
Phone: (313) 484-4696
Email: info@sonicrealty.com