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Listing 5 out of 191
$250,000 For Sale

416 Railroad Street
Hudson, MI 49247

5 units | Multi Family Home
2.141 acres - MLS# 19001448
Property Photo
1/50

Description

INVESTOR ALERT! Excellent income property. Five unit apartment building within walking distance of shopping, restaurants and supermarket. Conveniently located for easy commute to Adrian, Jackson, Hillsdale, NW Ohio.All units on one level - 4 of 5 remodeled. Utilities separate, plentiful parking with easy access. Excellent rental history. Also includes detached 24x40 two door garage/storage building.

Features

  • Property Type: Multi Family Home
  • Sub Type: 5+ Units
  • Listing Status: Active
  • County/Area: Lenawee County
  • Zip Code: 49247
  • Year Built: 1970
  • School District: Hudson
  • Units: 5 units
  • # of Parking Spaces: 12.0000
  • Lot Size: 2.141 acres
  • Air Conditioning: Central, Window Unit
  • Annual Insurance: 1900.00
  • Annual Maintenance: 2500.00
  • Auction or For Sale: For Sale
  • Driveway: Shared Unpaved
  • Exterior Material: Vinyl Siding
  • Extras: Sep Electric Meter, Sep Gas Meter
  • Gross Op. Inc.: 27900.00
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Lot Description: Level, Sidewalk
  • Lot Square Footage: 93261.00
  • Municipality: Hudson City
  • Net Op. Inc.: 20000.00
  • Road Frontage: 236.00
  • Roofing: Composition
  • Sewer: Public
  • Street Type: Paved, Public
  • Sub-Area: Y20 - Rollin, Rome, Hudson, Dover Twps
  • Substructure: Slab
  • Tax Year: 2018
  • Tenant Pays: Electric, Gas, Sewer, Trash, Water
  • Terms Available: Cash/Conventional
  • Total # Bldgs: 2.00
  • Total Approx. SqFt All Bldgs: 4770.00
  • Total Expenses: 7900.00
  • Unit 1: A/C Unit, Range Oven, Refrigerator
  • Unit 1: Bathrooms: 1
  • Unit 1: Bedrooms: 1
  • Unit 1: Monthly Rent: 425.00
  • Unit 1: Occupied: Yes
  • Unit 1: SqFt: 630.00
  • Unit 1: Unit #: 1
  • Unit 1: Unit Description: 1 Bedroom/1 Bath
  • Unit 2: A/C Unit, Range/Oven, Refrigerator
  • Unit 2: Bathrooms: 1
  • Unit 2: Bedrooms: 1
  • Unit 2: Monthly Rent: 425.00
  • Unit 2: Occupied: Yes
  • Unit 2: SqFt: 630.00
  • Unit 2: Unit #: 2
  • Unit 2: Unit Description: 1 Bedroom/1 Bath
  • Unit 3: A/C Unit, Range/Oven, Refrigerator
  • Unit 3: Bathrooms: 1
  • Unit 3: Bedrooms: 1
  • Unit 3: Monthly Rent: 425.00
  • Unit 3: Occupied: Yes
  • Unit 3: SqFt: 630.00
  • Unit 3: Unit #: 3
  • Unit 3: Unit Description: 1 Bedroom/1 Bath
  • Unit 4: A/C Unit, Range/Oven, Refrigerator, W/D Hookup
  • Unit 4: Bathrooms: 1
  • Unit 4: Bedrooms: 2
  • Unit 4: Monthly Rent: 525.00
  • Unit 4: Occupied: Yes
  • Unit 4: SqFt: 960.00
  • Unit 4: Unit #: 4
  • Unit 4: Unit Description: 2 Bedroom/1 Bath
  • Unit 5: Central Air, Range/Oven, Refrigerator, W/D Hookup
  • Unit 5: Bathrooms: 1
  • Unit 5: Bedrooms: 2
  • Unit 5: Monthly Rent: 525.00
  • Unit 5: Occupied: Yes
  • Unit 5: SqFt: 960.00
  • Unit 5: Unit #: 5
  • Unit 5: Unit Description: 2 Bedroom// 1 Bath
  • Util Avail at Street: Broadband, Cable, Electric, Natural Gas, Public Sewer, Public Water, Telephone Line
  • Utilities Attached: Cable, Electric, Natural Gas, Telephone Line
  • Water: Public
Courtesy of Century 21 Affiliated, Scott Wiley

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