Morenci, MI 49256,122 W Lagrange Street
$235,000
$235,000
Est.Price: ?

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4 BA
2,346 SqFt

122 W Lagrange Street Morenci, MI 49256

Est. payment /mo
SOLD DATE : 07/01/2024

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Key Details

Sold Price $235,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,346 sqft

Price per Sqft $100

MLS Listing ID 57050143383

Sold Date 07/01/24

Full Baths 4

Originating Board Southeastern Border Association of REALTORS®

Year Built 1953

Annual Tax Amount $3,092

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 109x203x82x203

Property Description

Welcome to this beautiful multifamily home nestled in the heart of Morenci. If you're looking for your next investment property, look no further! This 4-unit home is fully renovated and offers a comfortable 1-bed, 1-bath layout, meticulously updated to ensure modern comfort and style, providing a stable income. The property features smoke-free units that are fully occupied by friendly, quiet, reliable tenants who are very eager to stay. The property includes separate electrical boxes for each unit, with heat, water, and trash covered by the owner simplifying the rental process. Additionally, a convenient coin laundry room is available for tenants, which covers the cost of the water bill. Providing a stable income, these units are ready for you with nothing to do but sign the deed. The large lot offers a multitude of options for future development or enhancement. The expansive space provides ample opportunity for building additional units, significantly increasing the property's income potential. Alternatively, you could create a community play area, a picnic area, or even a garden space to enhance the living experience for your tenants, making the property even more attractive. This property is a robust investment option that can provide a consistant income, and long-term appreciation. If you are looking for an attractive addition to your investment portfolio, don't wait! Contact us today to arrange your private showing!

Location

State MI

County Lenawee

Area Morenci

Interior

Heating Steam

Fireplace no

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Garage no

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Schools

School District Morenci

Others

Pets Allowed Yes

Tax ID XM0000003400

Ownership Corporate/Relocation,Short Sale - No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by NextHome Elevate in Temperance
Bought with Howard Hanna Real Estate Services-Tecumseh

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Barrett Real Estate

+1(480) 864-2100

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