$167,000
Active
28 Days Online
0 Beds0 Baths2,715 SQFT
Active

116 E Stoddard Street Charlotte, MI 48813

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Exceptional Investment Opportunity: Three-Unit Property Generating Strong Cash Flow. Achieving an impressive 9.62% 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.

  • Property TypeMulti-Family
  • NeighborhoodCharlotte
  • CountyEaton
  • Taxes$2,944
  • HOA/Condo/Coop Fees$0
  • Days on Site28 Days
  • MLS StatusActive
  • MLS ID Number70399072
  • Home Size Source N/A
  • Year Built1920
  • Lot Size0.08 Acres
  • Full BathsN/A
  • Partial BathsN/A

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Charlotte Public Schools
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$909
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