140 MARKET St

mtclemenscity_macomb, MI 48043

$369,900

  • 5 BA, 1 HALF BA
    APPROX. 4,162 SF
  • sold

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Gorgeous five-unit apartment building with excellent curb appeal. Charming exterior and ample parking for residents. Four 1-bedroom units and one studio. Fully occupied and licensed with the city. One lease expiring 2/28/2025. Remaining four expire later in 2025. Owner is responsible for dumpster (avg $70/mo), common area electricity (avg $30/mo), gas (avg $160/mo), and water (avg $113/mo). One tenant reimburses $30/mo for utilities. Management plans to get all tenants on utility reimbursement plans upon renewal. Owner responsible for lawn and snow.

Details

4,162 Sq Ft

0.28 Private Acres Exterior Space

Investment

$8,886 Annual Tax

Built in 1880

MLS/Listing ID 20240038713

5 Units

Amenities & Features

Style - Victorian

Style - Colonial

Construction - Aluminum Siding

Basement

Pets Allowed

REALCOMP

Source of Data: REALCOMP

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