FOR SALE
$181,225

116 E Stoddard Street
Charlotte, MI 48813

Multi-Family
Residential
6
Beds
0.08
Acre Lot
Courtesy: NuCon Realty, LLC
Agent Websites> Michigan> Charlotte> 48813
Exceptional Investment Opportunity: Three-Unit Property Generating Strong Cash Flow. Achieving an impressive 8.87% CAP RATE with a Net Operating Income (NOI) of $16,071, this property comprises two townhouse-style units featuring 3 beds and 1.5 baths each, alongside a one-bedroom, one-bathroom unit (upper rear access). All units are well-maintained and currently occupied, presenting a lucrative income stream. While the property requires minor exterior repairs, it offers substantial potential for long-term growth. For further details, please contact the broker. Serious inquiries from qualified investors are welcome. Note: Tenant rights are in place.
65024016607
Multi-Family, Other
6
Eaton
1920
0.08 Acres
Vinyl siding
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Loading...
Courtesy: NuCon Realty, LLC
The data relating to real estate for sale on this web site comes in part from the IDX Program of the RealComp MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd. via and , ©2022 Realcomp II Ltd. Shareholders
This content last refreshed on 4/29/2024 2:00 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.