4760 N Lumberjack Road
Riverdale, MI 48877
- – beds
- – baths
- 4,185 sqft
- ~1/2 acre lot
- $60 per sqft
- – on site
This 4-Plex has a solid 20-year rental history and based on the current rents, produces almost $35,000 of gross annual income. This building was originally a church but in 2004 the ENTIRE property was remodeled. There are two 3 bedroom with 2 bathroom units that are two stories and feature things like second floor laundry and walk-in closets. The third unit is also two-story and has 2 bedrooms and 1 bathroom and the fourth is 2 bedroom and 1 bathroom that features one level living. All units have their own laundry, furnace, central air unit, water heater, septic, and utility meter. Tenants are currently month to month and pay their own utility costs. There is plenty of on-site parking and many other features that make this property a turnkey investment with enormous upside!
Last checked:
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Last updated Dec 21, 2024
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MLS# 1927925 —
The Building
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Year Built:1930
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Year Remodeled:2004
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Construction:Frame
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Style:Quad
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Roof:Metal
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Foundation:Crawl Space, Block, Stone
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Exterior Features:None
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Exterior Finish:Vinyl Siding
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Univs Design/Barrier Free:None
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Eco Features:no
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SqFt:4185
Interior
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Interior Features:Walk-In Closets, Laundry Hook-up
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Fireplace and Stoves:None
Financial & Terms
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Terms:Conventional Mortgage, Cash
Location
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Latitude:43.361478
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Longitude:-84.835518
The Property
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Principal Residence:no
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Property Type:4 - Plex
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Lot Dimensions:118x182
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Acres:0.49
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Additional Buildings:None
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Zoning:Residential
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Deeded Waterfront:no
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Water Features:None
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Road:Public Maintained, Blacktop
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Mineral Rights:Unknown
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Price Per SqFt:60.93
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (989) 463-6085
Taxes
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Tax ID:14-200-035-00
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Summer Taxes:$325.98
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Winter Taxes:$1,910.97
Heating & Cooling
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Heating & Cooling:Natural Gas
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Heating & Cooling:Forced Air, Central Air
Utilities
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Water:Private Well
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Sewer:Private Septic
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TV/Internet:Cable TV, Cable Internet
Appliances
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Appliances:Water Filtration System, Electric water Heater
Schools
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School District:Alma Public Schools
The Community
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Subdivision:MI
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Development Amenities:None
Parking
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Primary Garage:None
Extra Units
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Total # of Units:4
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SqFt Unit 1:1,229 Sqft
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Unit A Baths:2
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Unit B Bedrooms:3
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Unit B Baths:2
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Unit C Bedrooms:2
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Unit C Baths:1
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Unit C Square Feet:764 Sqft
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Unit D Bedrooms:2
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Unit D Baths:1
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Unit D Square Feet:963 Sqft
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/22/24
Nov 22, 2024
|
Accepting Backup Offers | NGLRMLS | $255,000 | |
|
10/29/24
Oct 29, 2024
|
Price Changed | NGLRMLS | $255,000 | -13.6% |
|
10/7/24
Oct 7, 2024
|
Listed / Active | NGLRMLS | $295,000 |
