602 Townsend Midland, MI $ 395,000
602 Townsend
$ 395,000
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602 Townsend

Midland, MI, 48640
$ 395,000
Baths7.0 Sq 4,430

Monthly Estimate*

$ 2,625

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Studio

Multi-Family Home for sale in Midland, MI

for $395,000 with 7 full baths. This 4,430 square foot home was built in 1913 on a lot size of 0.21.

THINK BIG ON TOWNSEND! Looking to invest in a multi-family property? This unique 7 unit apartment complex is ready for new ownership. Get ready for the gross rent income of $5,647 per month when fully rented. Featuring more than 4,000 square feet across one bedroom, two bedroom and studio units, this property offers immense potential. Currently 5 out of 7 units are filled. Tenant is responsible for electric and heat. Owner manages lawn care & snow removal. This 77 x 120 lot make the maintenance simple. Call today for more information!

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Multi-Family Pending

Price

$ 395,000

Bedrooms

Studio

Full Bath

7

Property Type

Multi-Family

Taxes

$ 7,905

Style

Multifamily

Lot Size

0.21

Year Built

1913

Town/City

Midland

County/Region

Midland

MLS | Web ID

61050141846

Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 7
Fireplace 0
Total Baths 7.00
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Separate Meters Steam
Possession Negotiable
Zoning Residential
Full Baths 7
Year Built 1913
Property Type Multifamily
Subdivision Name Carpenters Div
Status Pending
Short Sale No
Construction Materials Brick Wood
Cumulative Days on Market 7
MLS Area Midland
City Midland
Terms Offered Cash Conventional
School District Midland
Land Contract 0
Down Payment Resource 0
Ownership Status Short Sale - No Private Owned
Street Name Townsend
Homestead 0
Total Sq Ft 4430
DOM 7
Taxes 7906.5100
Legal Description SW 77.5 FT OF LOTS 5 & 6 BLK 66 CARPENTERS DIV
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Exterior
Waterfront 0
Lot Size Area 0.21
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 77x120
Architecture Level 2 Story
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Internal Only
Originating MLS Saginaw Board of REALTORS®
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* Excluded Features
List By
Logan Richetti

Listing Agent

Modern Realty

Broker

(904) 294-7883

Phone

Affordability Calculator

$3,284
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,625
Monthly Property Taxes
$659
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848844 Elementary School
848836 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2024$395,000 Listed Price

Map


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602 Townsend, Midland, MI, 48640 is a Multi-Family Home for sale at $395,000 with 4,430 sqft and a lot size of 0.21. 602 Townsend is a studio with 7.0 baths and was built in 1913. The property's zip code is 48640 which is in Midland, MI