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Jim Blehm

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

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900 Tyler Rd , Lennon Vlg, MI 48449
$269,900
Est. Payment: $599.78/mo
0 Bed
5 Bath
0 Sqft
Status: Active | Days on site: 38
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House Description

900 Tyler St presents a compelling opportunity for investors seeking an established multifamily property with current occupancy and additional value add potential. The property is currently configured as four occupied units and offers multiple unit layouts, generous overall building size, ample parking, a full basement, boiler heat, and private well/septic. Seller reports a number of prior improvements throughout the property, including flooring, windows, paint, attic insulation, and bathroom updates in selected units, along with a newer roof. Seller reports the property was historically configured with an additional 5 bedroom unit, creating an opportunity for buyers to independently investigate future use possibilities subject to legal recognition, zoning, permits, municipal approvals, and all applicable requirements. This is an opportunity to acquire an established income-producing multifamily asset while evaluating future rent growth, operational improvements, and additional value-add potential.

Highlights

Listed by Mark Tyler , 810-577-6295 American Associates Inc , 810-694-3333.

Property Type

Multi-Family

Lot/Acreage
0.21

HOA Fee

Year Built

1954

County

Shiawassee

Neighborhood

Venice Twp

School District

Durand

Listing ID

20261058415

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:5
  • Full Bathrooms:
Basement:Slab
Water:Well

Exterior Features

Principal Interest
$600
Taxes
$429
HOA
$0

Home Price

$269,900

Loan Details

30 yrs
%

Down Payment

20%
$53,980
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Monthly Price:
$599.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $599.78 $429.17 $0.00 $1,028.94
Yearly $7,197.33 $5,150.00 $0.00 $12,347.33
Total $215,920.00 $154,500.00 $0.00 $370,420.00

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 (Lennon Vlg, 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.