Home For Sale In Charlotte, Michigan

townhouse for sale

Listed: 04/13/24

172 East Stoddard Street, Charlotte, MI 48813, USA

Studio Bed:

Price

$ 181,225

Sold

About This Townhouse

Exceptional Investment Opportunity: Three-Unit Property Generating Strong Cash Flow. Achieving an impressive 8.87% CAP RATEwith a Net Operating Income (NOI) of$16, 071,this property comprises two townhouse-style units featuring 3 beds and 1.5 baths each, alongside a one-bedroom, one-bathroom unit (upper rear access). All units are well-maintained and currently occupied, presenting a lucrative income stream. While the property requires minor exterior repairs, it offers substantial potential for long-term growth. For further details, please contact the broker. Serious inquiries from qualified investors are welcome. Note: Tenant rights are in place.

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