$145,000
$188,000
22.9%For more information regarding the value of a property, please contact us for a free consultation.
460 LEE Avenue Decatur, MI 49045
0.52 Acres Lot
Key Details
Sold Price $145,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Decatur Vllg
MLS Listing ID 20024420
Sold Date 03/09/21
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1973
Annual Tax Amount $4,359
Tax Year 2019
Lot Size 0.517 Acres
Acres 0.52
Lot Dimensions 150x150
Property Description
Great investment opportunity. Four desirable, well planned rental units in two duplexes. Each unit has it's own sliding glass door to private patio. Located on a quiet street one block from schools, three blocks from Lake-of-the-Woods Village Beach and Park, and five blocks from downtown. Long term tenants. One building has a 1380 sq ft full basement. Cash flow from three of the units can generate enough income for a resident owner to live rent-free in the fourth unit.
Location
State MI
County Van Buren
Area Greater Kalamazoo - K
Direction M-51 to Phelps to Pine Street to Lee
Rooms
Basement Crawl Space, Full
Interior
Heating Forced Air, Baseboard, Electric, Natural Gas
Cooling Window Unit(s)
Fireplaces Number 2
Exterior
Parking Features Paved
View Y/N No
Roof Type Composition
Topography {Level=true}
Street Surface Paved
Total Parking Spaces 6
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Aluminum Siding
New Construction No
Schools
School District Decatur
Others
Tax ID 804304501850
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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