638 Michigan

Two mirror-image parcels sold together, allowing for residential 1–4 unit financing and eliminating the need for a commercial loan.
Each parcel includes a front single-family home with a one-car garage and a rear duplex, totaling 6 units. All units are fully occupied at market rents with a low 5% vacancy rate.
The property is well maintained with little to no deferred maintenance. Three of the six units have been moderately upgraded. All units are 2 bed / 1 bath with indoor laundry, private yard space, and storage sheds.
Tenants are in excellent standing, rents are increased annually, and renter profiles are strong. Recent improvements include flooring, windows, garage doors, exterior paint, parking area re-paving, and trash area relocation to name a few.
All units are individually metered, have designated mailboxes, and offer ample on-site parking.