Properties for sale in Michigan

Overview

Description

Check out this real estate investment/income property in Hillsdale. A savvy buyer might live in one side and rent out the other, or keep it producing revenue on both sides! The location is close to the hospital, schools and downtown. This two-unit property has a strong rental history. Both units are two-story floor plans. Unit 8 is three (3) bedrooms/one (1) bath and is currently rented to same tenant for two years. Unit 10 is two (2) bedrooms/one and a half (1.5) bath and is just now available/vacant so that a new owner has flexibility. Both units come with a stove, refrigerator, washer/dryer. Parking available for both units. During time of this ownership, many windows have been replaced along with furnaces, water heaters, appliances and floor coverings. Showings must be scheduled/approved 48 hours in advance and prospective buyer(s) must be pre-qualified.

Location Property Info

County: Hillsdale
Street #: 8
Street Direction: E
Street Name: South
Suffix: Street
State: MI
Zip Code: 49242
Zip (4): 1814

General Property Info

Lot Measurement: Square Feet
Lot Square Footage: 7362
Lot Acres: 0.17
Lot Dimensions: 74
Year Built: 1880
New Construction: No
Financial Available: No
Road Frontage: 74
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Parking Spaces: 6
Waterfront: No
School District: Hillsdale
Basement: Yes

Tax Info

Tax ID #: 006-327-477-10
Taxable Value: 38903
SEV: 84700
For Tax Year: 2025
Seller's Annual Property Tax: 2296.33
Tax Year: 2025
Spec Assessment & Ty: -
Homestead %: 0

Remarks Misc

Directions: From Broad St, turn west onto South St. Property is on the left side, just before the 5-way stop sign.

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit #: 10
Unit Description: Apartment (left)
SqFt: 1420
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes
Deck/Patio: Yes
Range Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Unit 2

Unit #: 8
Unit Description: Apartment (right)
SqFt: 1700
Bathrooms: Yes
Full Baths: Yes
Garage: Yes
Range/Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

Location & Property Info

Unit #: 8 &10
Cross Streets: Manning Street
Property Sub-Type: 2 to 4 Units
Municipality: Hillsdale City
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Check out this real estate investment/income property in Hillsdale. A savvy buyer might live in one side and rent out the other, or keep it producing revenue on both sides! The location is close to the hospital, schools and downtown. This two-unit property has a strong rental history. Both units are two-story floor plans. Unit 8 is three (3) bedrooms/one (1) bath and is currently rented to same tenant for two years. Unit 10 is two (2) bedrooms/one and a half (1.5) bath and is just now available/vacant so that a new owner has flexibility. Both units come with a stove, refrigerator, washer/dryer. Parking available for both units. During time of this ownership, many windows have been replaced along with furnaces, water heaters, appliances and floor coverings. Showings must be scheduled/approved 48 hours in advance and prospective buyer(s) must be pre-qualified.
Legal: E 74.25 FT LOT 23 0.17A+/- COOKS ADDN SEC 27 T6S R3W FOURTH WARD (REDISTRICTED FROM THIRD WARD) AS OF 12/31/2018 - WARD 4 (REDISTRICTED FROM THIRD WARD)

Lot Description

Corner Lot: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Public Sewer: Yes
Public Water: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Laundry Features

Electric Dryer Hookup: Yes
In Basement: Yes
Washer Hookup: Yes

Exterior Material

Other: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

None: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Driveway

Unpaved: Yes

Substructure

Full: Yes

Extras

Garages: Yes

Owner Pays

None: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: Electric Dryer Hookup; In Basement; Washer Hookup Exterior Material: Other Roofing: Composition Substructure: Full Lot Description: Corner Lot Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Public Sewer; Public Water Extras: Garages Owner Pays: None Tenant Pays: Electric; Gas; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Unpaved Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Deck/Patio; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 2: Garage; Range/Oven; Refrigerator; Sep. Heat System; Washer/Dryer

8 E South Street 8 &10, Hillsdale, MI 49242