UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality Lee Twp
MLS Listing ID 26024534
Year Built 1991
Annual Tax Amount $2,598
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 209x533
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Three of the 2-bedroom units are occupied by long-term, multi-year tenants, providing consistent cash flow and reduced turnover risk. The property has been carefully maintained, with a brand-new metal roof and water softener installed this year.
Each unit includes a refrigerator and range, and tenants benefit from a shared laundry room, adding convenience and retention value. Ample on-site parking enhances tenant appeal.
Located near The University of Olivet and within easy access to FireKeepers Casino Hotel, the property benefits from stable local employment drivers and consistent rental demand.
The 1-acre lot provides a compelling value-add opportunity, with potential.
Location
State MI
County Calhoun
Direction MARSHALL TO BASELINE E TO PROPERTY
Rooms
Basement Walk-Out Access
Interior
Heating Baseboard
Laundry Common Area, Laundry Room, Lower Level
Exterior
Parking Features Driveway, Gravel
Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Metal
Total Parking Spaces 8
Building
Lot Description Level
Sewer Septic Tank
Water Well
Structure Type Vinyl Siding
New Construction No
Schools
School District Olivet
Others
Tax ID 13-13-060-012-20
Acceptable Financing VA Loan, Rural Development, MSHDA, FHA, Cash, Conventional
Listing Terms VA Loan, Rural Development, MSHDA, FHA, Cash, Conventional
Nearby Locations