900 Tyler Road, Lennon, MI 48449 9327

$269,900
5
BA
3,364
SqFt

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List Price
$269,900
Status
COMING SOON
MLS#
61019722
Days on Market
9
Year Built
1954
Bathrooms
5
Acres
0.21
Living Area
3,364
Municipality
Venice Twp
Region
Venice Twp
Township
Venice Twp
Subdivision
Posts Add

Property Description

900 Tyler St presents a compelling opportunity for investors seeking an established multifamily property with current occupancy and additional value add potential. The property is currently configured as four occupied units and offers multiple unit layouts, generous overall building size, ample parking, a full basement, boiler heat, and private well/septic. Seller reports a number of prior improvements throughout the property, including flooring, windows, paint, attic insulation, and bathroom updates in selected units, along with a newer roof. Seller reports the property was historically configured with an additional 5 bedroom unit, creating an opportunity for buyers to independently investigate future use possibilities subject to legal recognition, zoning, permits, municipal approvals, and all applicable requirements. This is an opportunity to acquire an established income-producing multifamily asset while evaluating future rent growth, operational improvements, and additional value-add potential.

Additional Information

Lot Dimensions
104 x 120 x 113
Interior Features
Cable/Internet Avail.
Heating
Baseboard, Hot Water
Basement
Yes
Basement Description
Block
Sewer
Public At Street
Foundation
Basement, Slab
Water
Private Well
School District
Durand Area Schools

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Listing Courtesy of American Associates Inc, Office Phone: 810-694-3333

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.