116 E Stoddard Street
Charlotte, MI 48813
- – beds
- – baths
- – sqft
- 3,485 sqft lot
- 1920 build
- – on site
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.
Listing courtesy of REALCOMP / NuCon Realty, LLC
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Last updated May 6, 2024
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MLS# 65024016607 —
This property is listed in more than one place. See it here.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/6/24
May 6, 2024
|
Price Changed | REALCOMP | $167,000 | -7.8% |
4/22/24
Apr 22, 2024
|
Relisted | REALCOMP | $181,225 | |
4/17/24
Apr 17, 2024
|
Pending | REALCOMP | $181,225 |