122 GREENLAND RD
Property Description
2400 SQ FT COMMERCIAL INCOME PROPERTY IN ONTONAGON. TURN KEY! Built in 1991 by the owners as a daycare it has since been converted to a four unit commercial rental that is fully occupied serving the community of Ontonagon. You'll appreciate finding an investment income property like this that has been well maintained, ready to go for you. Property has a newer roof and sits on a very nice large lot and large parking lot for in and out traffic. $1200 a month comes in across the 4 tenants. At this price you'll find this to be a very nice cash flowing investment. Long time rental history here as well as a great centrally located on Greenland Dr. Call the listing agent for your showing and to get the ball rolling! Seller requests buyers have cash or are prequalified for a loan as we'd like to minimize interruptions to the tenants of this awesome building. Here's your chance to own a nice 4 unit commercial income property right smack dab in the Western UP, near the sandy shores of Lake Superior!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $159,900 |
| Year Built: | 1991 |
| Lot Size: | 2,400.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 2 |
ID: 3yd-NYSMLS-11906789
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
835 Driftwood Drive
St. Cloud, Minnesota
108-114 3rd St & 507-513 W Huron St
Ann Arbor, Michigan
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout