Description
Multi-Family Investment & Development Opportunity between FDL & Plymouth! This former school was converted to a 5 Family Apartment and sits on a 2 Acre Parcel w/ Plenty of Space to Build more Rental Properties to increase Cash Flow. The units consist of 1-2 BR Unit, 3-1 BR Units, and an Efficiency on the Main Floor and the Lower Level is currently used for personal storage but can be used as Offices or tenant usage to increase rents. 4 of the Units have separate meters but the Landlord currently pays utilities. All units are currently occupied with long term tenants and rents are $3,430/month. The 1.2 acre triangle lot between Cty Rd B & Armstrong Rd is used for the septic system and is not buildable but can be used for recreation. Call now to add this to your Portfolio!
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0BEDS
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3.31ACRES
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0BATHS
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01/2 BATHS
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4,984SQFT
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$84$/SQFT
School Ratings & Info
Listing provided courtesy of Zellner Real Estate: (920) 960-3898.
Description
Multi-Family Investment & Development Opportunity between FDL & Plymouth! This former school was converted to a 5 Family Apartment and sits on a 2 Acre Parcel w/ Plenty of Space to Build more Rental Properties to increase Cash Flow. The units consist of 1-2 BR Unit, 3-1 BR Units, and an Efficiency on the Main Floor and the Lower Level is currently used for personal storage but can be used as Offices or tenant usage to increase rents. 4 of the Units have separate meters but the Landlord currently pays utilities. All units are currently occupied with long term tenants and rents are $3,430/month. The 1.2 acre triangle lot between Cty Rd B & Armstrong Rd is used for the septic system and is not buildable but can be used for recreation. Call now to add this to your Portfolio!
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