BEDS14
BATHS7 full
SQUARE FEET8,610
MLS#50206535
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNone
SCHOOLNorth Central Area Schools
Property Description
Great investment opportunity in Hermansville! This seven-unit multi-family property offers immediate income potential with five units currently leased and generating revenue. A sixth unit is in the process of being refreshed and will be ready for occupancy soon, providing additional upside. The seventh unit presents a value-add opportunity for investors looking to renovate and maximize returns. Situated on a spacious parcel that includes two lots, this property offers room for future expansion or added income streams. Whether youre looking to grow your portfolio or step into multi-family investing, this property combines current cash flow with long-term potential
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Block, Poured
Cooling: None
Fuel Type: Natural Gas
Garage: 1 car attached
Heating: Forced Air
Home Style: Conventional Frame
Lot Size: 0.48 Acres
Stories: 2.0
Taxes: $5,716
Year Built: 1930
Feature Descriptions
Bath Features: First Flr Bath Lav/Half, Second Flr Bath Lav/Half
Body of Water: None
Days on Site: 3
Dining/ Kitchen: Eat-In Kitchen
Exterior: Other
Exterior: Sidewalks
Lease Info.: Month-To-Month, Heat Included, Water Included
Lot Features: Deep Lot - 150+ Ft.
Parking Notes: Unassigned/General
Sewer: Public Sanitary
Summer Tax: 1341.35
Water: Private Well
Water Features: None
Winter Tax: 4374.98
Local Schools
School District: North Central Area Schools
Listed By / Shown By
Listed By
Agency Name: UPWARDS REAL ESTATE
Agency Phone: 906-786-8747
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 1,535.70 per month $1,006.87 Principal & Interest $476.33 Property Tax $52.50 Homeowner's Insurance
W5514 First Street | MLS# 50206535
This multi-family property located at W5514 First Street, Meyer Twp, MI 49847 is currently listed for sale with an asking price of $180,000. W5514 First Street is located within the North Central Area Schools school district. Search Meyer Twp real estate on www.ikeyrealty.com today.