Excellent Investment Opportunity! This profit-making 4-unit all-brick property offers strong rental income and modern updates throughout. Each apartment features newer luxury vinyl flooring or carpet, fresh paint, updated countertops, and vanities. Major improvements include a newer roof, furnaces, and A/C units. Each unit has 2 bedrooms and 1 full bath. Each unit has separate utilities—individual furnaces, central air, water heaters, and electric meters. Apt 1 and Apt 2 have private fenced in yard. Apt 3 and Apt 4 have balconies. Tenants pay their own utilities; landlord covers lawn care and snow removal. Total monthly rent is approximately $3,300, plus an additional ~$700/year from the shared coin-operated laundry. Apt 2 is currently vacant for easy showings; the remaining units are fully occupied with tenants. A turnkey, income-producing property ready for your portfolio! Don't wait, call for your private tour TODAY!
For sale
$389,000
1305 Springfield Dr, Midland, MI 48642
8beds
3,268sqft
Est.:
Multi Family
Built in 1984
-- sqft lot
$378,600 Zestimate®
$119/sqft
$-- HOA
What's special
Private fenced in yardFresh paintNewer roofUpdated countertops
- 15 hours |
- 194 |
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