116 E Stoddard Street
Charlotte, MI 48813

  • – beds
  • – baths
  • – sqft
  • 3,659 sqft lot
  • 1920 build
  • on site

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.

Michigan Regional Information Center, LLC logo Listing courtesy of MICHRIC / Ryan Kelley / NuCon Realty, LLC

Last checked: Checking… • Last updated Apr 22, 2024 •

MLS# 24016607 —

This property is listed in more than one place. See it here.

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Multifamily For Sale

$181,225

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Listing provided by broker:

Ryan Kelley

NuCon Realty, LLC

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116 E Stoddard Street

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This multifamily located in Charlotte, MI 48813 is currently for sale for $181,225. 116 E Stoddard Street is a – square foot multifamily with – beds and – baths that has been on Estately for 24 days. This multifamily is in the attendance area of Washington Elementary School, Charlotte High School, Charlotte Upper Elementary School, and Charlotte Middle School.

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