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Provided through IDX through Realcomp II Ltd, via CENTURY 21 Affiliated. Courtesy of Advantage Realty Inc. And Mirealsource. Copyright 2016 Realcomp II Ltd. Shareholders

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1875 N RIVER RD. - Looking for a money maker? Looking for a large return on your investment? Well than look no further!! This is a 3,600 sq feet full masonry building priced well below the appraised value. Offering 3 units, w/ 2 bedrooms & 1 full bath in each. In addition, the building has a large detached garage w/ all utilities (water, sewer, gas and electric) w/ a large bonus room above! This is truly a great find! Rent it all out or live in one unit & rent the other two. Net Profit Cap Rate approximately 11%. Land Contract Terms: 20% down, 6% interest, amortized over 30 years, 5 year balloon.

Listing information

  • MLS® ID: 58031300156
  • Baths: 3 (Full: 3 3/4: 0 1/2: 0 Other: 0)
  • New Construction: Yes
  • Lot Size: irregular
  • Subdivision: N/A
  • Style: Colonial
  • Status: Active
  • Foreclosure: No
  • County: St. Clair
  • Year Built: 9999
  • Stories: 0
  • Total Square Footage: 3,600 ($45.83 per sq. foot)
  • School District: East China

Features

Architecture Level 2 Story
Architecture Style Colonial
Foundation Details Basement
Foundation Materials Block
Heating Forced Air, Other
MF Parking Other
Other Assessment - No, Basement YN - 0, Homestead YN - 0, Land Contract YN - 0, Land Terms - 60, Tax Amount Summer - 1152.0000, Tax Amount Winter - 3296.0000, Unit One Bed Number Of - 2, Unit Three Bed Number Of - 2, Unit Two Bed Number Of - 2, Waterfront YN - 0
Zoning Multi-Family
Provided through IDX through Realcomp II Ltd, via CENTURY 21 Affiliated. Courtesy of Advantage Realty Inc. And Mirealsource. Copyright 2016 Realcomp II Ltd. Shareholders