This 4-bedroom, 0-bathroom residential multi family at 607 W Prospect Street in Marshall, MI is listed for $249,000. Built in 1885, on a 0.16 acres lot.
Key Features
Built in 1885
0.16 acre lot
4 parking spaces
Property Details
3 full
4 spaces
1885
Amenities
A/C
Listing Description
FULLY lease 3-Unit Investment opportunity on a quiet street in the desirable town of Marshall. These opportunities are rare. This Triplex generates a gross rent of $2,600 ($31,200 annually), which provides immediate cash flow, plus allowing investors to capitalize on below-market rents. Seller is also listing 611 W Prospect (immediately next door) for sale and is willing to offer a discount to a qualified portfolio buyer.
Monthly Cost Estimate
$1,332/mo
20% down · 6.5% · 30 years
Principal$180
Interest$1,079
Insurance$73
Estimates only. Actual payments may vary.
Location
607 W Prospect Street
Marshall, MI 49068
Property Details
Construction
Vinyl Siding
Heating
Forced Air
Cooling
Window Unit(s)
Questions & Answers
This 4-bedroom, 0-bathroom residential multi family at 607 W Prospect Street is listed at $249,000. The estimated monthly payment is $1,332 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1885, 0.16 acre lot, 4 parking spaces.
