$379,000
611 W Prospect Street, Marshall, MI 49068
0 baths
- Lot
- 0.25 acres
- Built
- 1905
- Type
- 2 To 4 Units
- On market
- 0 days
DescriptionShowHide
GREAT Investment opportunity in the booming town of Marshall. This rare opportunity to purchase a FULLY leased 4-unit apartment building generating over $3,700 per month ($44,400 annually) in gross rental income. This approximately 2,800-square-foot property provides immediate cash flow with long-term appreciation potential due to below-market rents in one of Michigan's strongest small multifamily markets, driven by the construction of the Ford BlueOval Plant. In addition, there is also a possibility of a 5TH APARMENT on the 3rd Floor. Owner is also selling 607 W Prospect (3-unit) next door, which opens up possibilities for portfolio buyers to increase their footprint within the same street.
Facts & features
Interior2
- Bathrooms
- 0
- Basement
- Full
Heating, cooling & utilities2
- Heating
- Hot Water
- Utilities
- Cable Available, Cable Connected, Storm Sewer
Parking1
- Parking
- Concrete, Driveway
Exterior & construction5
- Lot size
- 0.25 acres
- Lot features
- Sidewalk
- Construction
- Wood Siding
- Roof
- Composition
- Year built
- 1905
Property details7
- Type
- OTHER
- Sub-type
- 2 to 4 Units
- County
- Calhoun
- Parcel #
- 53-000-234-00
- Days on market
- 0
- MLS #
- 26051181
- Status
- Active
District: Marshall
No individual schools were listed for this home.
Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.
Price & tax historyShowHide
- No recorded history for this property.
Listing courtesy of Five Star Real Estate · Liz Beischer
231-329-3877 · lizbeischer@gmail.com
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