545 S Elizabeth St MARINE CITY, MI 48039, United States
Rare multi-family opportunity in beautiful waterside township of Marine City. Approximately 2 hours out of Detroit on the St Clair River, this property is walking distance from the water and town.
Fully renovated, property has nothing left to spend! Downstairs is tenanted already at $750 p/m to long-term, great tenant with upstairs 2 BR a blank canvas ready to move in or get another tenant! With a combined rent possible of over $1700 per month giving a NET ROI of almost 12% with great equity!
NET ROI after Costs 11.8%
816 sq ft
$750 USD per month
14.4% after deductions
Est Market Value:
Purchase Price: US$124,500
Star Dynamic Property Investments
Patterson Lakes VIC 3197