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Sam Perez/Sam and Karly Team
Mobile: (262)370-7927
Mobile: (414)322-1079
Email: [email protected]
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103 Cedar St, Ewen, MI 49925
Property Type: CommercialSale
Business Use:
Business SubType: MultiFamily
MLS#: 194904
Status: Sold
Sale Price: $120,000
Sale Date: 07/14/2022
List Price: $119,000
Business Name:
County: Ontonagon
Township: OG Mc Millan
Lake Name:
Lake Chain:
River Name:
Lake Size - Acres: 0
Property Information:
Bedrooms: 9
Bathrooms: 4 / 0
Lot Size (sqft): 5,227
Lot Size (acres): 0.12
Site Influences:
Site Description:
Road Frontage:
Road Responsibility:
Road Surface: Paved
Water Frontage - Feet: 0
Water Frontage Type:
Lot Depth Side 1: 0
Lot Depth Side 2: 0
Roofing: RolledHotMop, Rubber
Construction: Frame, VinylSiding
Heating: ForcedAir, NaturalGas
Water Source: Public
Sewer: PublicSewer
Parking Features: Paved, Unpaved
Flooring: Carpet, Vinyl
Financial Information:
Tax Year: 0
Title: Fee Simple
Legal Desc.: South 50 ft of Lot 1 & 2, Block 2 of the town of Ewen
Section: 27
Township: 48
Range: 40
Title: Fee Simple
Gross Income: $0
Total Expenses: $0
Lease Terms: Item12Months
Tenant Expenses: AllUtilities
Expense Year: 0
Business Docs: Financials, LeadBasedPaintDisclosure, ProfitLossStatement, RealEstateConditionReport
Possession: Closing
Listed By: Century 21 Burkett - Lol
Total SqFt: 4,230
# of Units: 4 # of Floors: 2
Public Remarks: An excellent investment opportunity in the heart of Ewen, Michigan! This four-unit apartment complex is approx. 4,200 square feet and sits near the corner of Main Street and M-28. There is one (3 bedroom) and three (2 bedroom) apartments, along with a common hallway & coin operated laundry room. There have been numerous improvements over the last number of years including an updated roof, laundry room, water heaters, and separate gas furnaces. Why not buy the building, live in one of the apartments, and rent the other three units out for additional income? A very strong rental history throughout the years, it's an appealing investment for even the most conservative investors! Fully Occupied! 2123M
Consumer Alert: Michigan taxes change at ownership, consult tax assessor for estimate. Owner pays the monthly water bill. Tenants pay the heat and electric bill.
Directions: Hwy 45 North to left on M-28 at intersection in Bruce Crossing. Go 5 miles to left on South Cedar St in Ewen. Property directly on right.
The information shown on this sheet is believed to be accurate and reliable but is not guaranteed and is subject to corrections Wed, Aug 17, '22