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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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402 Black St , Caro, MI 48723
$67,000
Est. Payment: $148.89/mo
0 Bed
2 Bath
0 Sqft
Status: Active | Days on site: 45
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432720 - 457175
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House Description

Investment opportunity with an occupied three-bedroom, one-bath first-floor unit featuring a kitchen, living room, and in-unit laundry. The first-floor unit is currently rented for $750 per month on a month-to-month basis, with the tenant paying utilities and handling lawn mowing. The second floor has a separate entrance and offers the potential to create a spacious one-bedroom apartment or additional income-producing unit after renovations are completed. This could be an excellent opportunity for an owner-occupant to live in one unit while renting the other. The second floor has separate gas service, while the electrical service is currently disconnected and will require evaluation and completion. The owner also began replacing the main cast-iron drain line. The property is currently being used as one rental unit. Buyer and buyer’s agent should independently verify zoning, permitted use, rental certification, utility services, and all requirements necessary to complete and legally occupy the second-floor space.

Highlights

Listed by Pemra Brabb , 810-858-4222 Epique Realty , 248-218-2604.

Property Type

Multi-Family

Lot/Acreage
0.17

HOA Fee

Year Built

9999

County

Tuscola

School District

Caro

Listing ID

20261060776

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:
Basement:Michigan Basement
Water:Public

Exterior Features

Principal Interest
$149
Taxes
$116
HOA
$0

Home Price

$67,000

Loan Details

30 yrs
%

Down Payment

20%
$13,400
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Monthly Price:
$148.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $148.89 $116.42 $0.00 $265.31
Yearly $1,786.67 $1,397.00 $0.00 $3,183.67
Total $53,600.00 $41,910.00 $0.00 $95,510.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Caro, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.