$1,200,000

11811 Morang, MI 48224

Income/MultiFamily
12,364 Square Feet lot
5 days on market

About this property

Calling all investors! 22 unit complex with 11 one bed one bath units and 11 two beds one bath units. Updated windows. Updated plumbing. Updated electrical! All new electic baseboard heaters. All new doors. Units have been remodeled. 18 units are occupied out of the 22 units. This complex is at a 15% cap at listing price. Once the 4 vacants are occupied this will be a 18% cap building. Cash cow ! The 4 vacants will be rented ready at closing. Serious buyers only.

Property Details

Exterior

  • Waterfront: No

Interior

  • Building Area Total: 12364

Location

  • County: OUTSIDE of Florida
  • State: MI

Construction

  • New Construction: No

Public Info

  • Lot Size: 12,364 Square Feet
Kevin McCarthy
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.