116 E Stoddard Street Charlotte, MI 48813
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 Site61 Days
- MLS StatusActive
- MLS ID Number70399072
- Home Size Source N/A
- Year Built1920
- Lot Size0.08 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 116 E Stoddard Street Charlotte, MI 48813
4 days ago | |
a month ago | |
2 months ago | |
2 months ago | |
2 months ago |
Don't miss a thing!
Get updates on new activity for this listing