About This Home
This 8-bedroom, 4-bathroom residential multi family at 725 Clark Street in Brighton, MI is listed for $700,000 ($189 per sqft). Built in 1972, the home offers 3,700 sqft of living space on a 0.46 acres lot.
Key Features
- Built in 1972
- 0.46 acre lot
- 2 stories
Property Details
Amenities
A fantastic investment opportunity awaits with this well-maintained, 4-unit multi-family property, located in the desirable City of Brighton. This fully leased, income-generating building, offers four spacious units, each featuring 2 bedrooms and 1 full bathroom.
Every unit has been recently remodeled and is equipped with essential appliances and air conditioning, providing comfortable living accommodations that appeal to long-term tenants. Main sewer line was replaced with driveway pending completion. Constructed of durable all-brick exterior, this property offers low-maintenance ownership while delivering reliable rental income.
Additional features include, shared on-site laundry facilities located in the basement, adding convenience for residents, and a beautiful wooded lot that provides a peaceful, private setting, rarely found in multi-family properties. With all four units currently occupied, this is an ideal turnkey investment for both seasoned investors and those looking to expand their real estate portfolio.
The established tenancy provides immediate cash flow from day one. Please note, this property is fully leased, and the privacy and quiet enjoyment of the tenants must be respected. Access to the units will be granted for inspections after an accepted offer.
Monthly Cost Estimate
$3,744/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
725 Clark Street
Brighton, MI 48116
James B Lees Add
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 725 Clark Street is listed at $700,000 ($189/sqft). The estimated monthly payment is $3,744 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1972, 0.46 acre lot, 2 stories. Interior Features: Laundry Facility.
This property is listed by Simon Posselt and can be reached at 8102297000.