611 W Prospect St, Marshall, MI

Name: 611 W Prospect St, For Sale in Marshall - Zoocasa
Brand: Five Star Real Estate
SKU: 26051181
Price: 379000 USD

House

For Sale

Listed price in listed location currency (USD).

$379,000

446

MLS® 26051181

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage

Taxes $9,043

Days Active 6

Lot Size 0.25 Acres

Approx. Age 1905

MLS® Number 26051181

Property Address: 611 W Prospect St, Marshall, MI, 49068-2055

Average square foot calculated using Size range provided by listing agent.

Description

GREAT Investment opportunity in the booming town of Marshall. This rare opportunity to purchase a FULLY leased 4-unit apartment building generating over $3, 700 per month ($44, 400 annually) in gross rental income. This approximately 2, 800-square-foot property provides immediate cash flow with long-term appreciation potential due to below-market rents in one of Michigan's strongest small multifamily markets, driven by the construction of the Ford BlueOval Plant. In addition, there is also a possibility of a 5TH APARMENT on the 3rd Floor. Owner is also selling 607 W Prospect (3-unit) next door, which opens up possibilities for portfolio buyers to increase their footprint within the same street.

MLS® Number26051181

Laundry LevelLower

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1905

BasementFull

DrivewayConcrete

Garage Spaces

HeatHot Water

A/C

Extras

Map

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