602 TOWNSEND ST
MIDLAND, MI 48640

$395,000

6 Beds

7 Baths

4,430 Sq Ft

Status Pending

MLS# 50141846

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!

Details for 602 TOWNSEND ST

Built in 1913

$89 / Sq Ft

0 parking spaces

Boiler

10 Days on website

0.21 acres lot

Interior

Bathrooms Full

Bathrooms Total

Bedrooms Total

Living Area

4,430 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1913

Exterior And Lot

Lot Size Acres

0.21

Lot Size Square Feet

9148

Parking Features

3 Or More Spaces

Zoning

Residential

Utilities

Heating

Boiler

Area And Schools

City

Midland

County Or Parish

Midland

School District

Midland Public Schools

Subdivision Name

Carpenters Div

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$7,906.51

Tax Year

2023

Additional Info

Originating MLS

Saginaw Board Of Realtors