12321 Brooklyn Road, Brooklyn, MI 49230

$225,000

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List Price
$225,000
Days on Market
18
MLS#
26053974
Status
ACTIVE
Type
Multifamily

Property Description

Opportunity meets potential in the heart of Brooklyn, Michigan! Ideally situated where Brooklyn Road and M-50 converge, this 5-acre property offers an exceptional investment opportunity in Columbia Schools, just minutes from shopping, dining and charming downtown Brooklyn. The established triplex features three spacious apartments, each offering 2 bedrooms, 1 full bath, ample parking and generous outdoor space. Two units are occupied by longtime tenants, providing established rental income, while the third has been refreshed and is ready for a new tenant at current market rates. Whether you're looking to expand your investment portfolio, explore the possibilities of the additional acreage, or enjoy owner-occupied living while rental income helps offset your mortgage, this property offers flexibility, income potential and room to dream bigger. Five acres, three income-producing possibilities and an outstanding location. Don't miss this opportunity! Current tenants pay $750 a month, includes garbage, each apartment has its own Consumers meter and are the tenants responsibility. Newly renovated unit should garner closer to $950 a month.

Additional Information

Owner Pays
None
Taxes
$2,790
Acres
3.60
Basement
Crawl Space
Heating
Forced Air
School District
Columbia
Sewer
Septic Tank
Tenant Pays
Electricity, Gas, Sewer
Total Parking Spaces
6
Utilities
Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
Water
Well

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: JENIFER SCANLON from Listing Office: The Brokerage House.

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