226 E Cherry Street
Mason, MI 48854
MLS #222010

Multi-Family
  • 2units
  • 0.25acres
  • 2,346sq ft
Pending Sale $89,900
Est. P&I payment: $343.36/mo
226 E Cherry Street, Mason, MI 48854
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Description for 226 E Cherry Street, Mason, MI 48854
Amazing investment opportunity within walking distance of Downtown Mason and Steele Elementary School. Upstairs is leased at $700/month. Downstairs is currently vacant, but has been leased for years at $800/month. In the past, the owner has also leased the garage separately for $100/month. This could also be the perfect opportunity for the savvy homeowner to live in one unit and lease the other.
MLS #222010
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My Notes for MLS #222010

General Features

  • Property Type: E
  • Status: Pending
  • List Price: 89,900
  • Year Built: 1900
  • Zoning: Residential
  • Subdivision: None
  • Township/Tax Authority: Mason City
  • # of Units: 2
  • Land & Acreage: Up to 1/4 Acre
  • Roof: Shingle
  • Basement: Crawl,​Full,​Michigan
  • Garage: 2 Car,​Detached
  • SqFt - Above Appx: 2,346

Miscellaneous Features

  • Building 1 Description: 2 Unit
  • Unit 1: Tenant Name: vacant

Income Features

  • Annual Inc & Expense: Gross Rent: 18,000
  • Annual Inc & Expense: Water/Sewer Expense: 652
  • Annual Inc & Expense: Tax Expense: 4,265
  • Annual Inc & Expense: Less Fuel: 1,108

Units Features

  • Unit 1: Rooms: 6
  • Unit 1: Baths: 1
  • Unit 1: Bedrooms: 2
  • Unit 1: Monthly Income: 800
  • Unit 1 Appliances: Refrigerators: 1
  • Unit 1 Appliances: Ovens: 1
  • Unit 1 Appliances: Ranges: 1
  • Unit 2: Rooms: 5
  • Unit 2: Baths: 1
  • Unit 2: Bedrooms: 2
  • Unit 2: Monthly Income: 700
  • Unit 2 Appliances: Dryers: 1
  • Unit 2 Appliances: Ranges: 1
  • Unit 2 Appliances: Refrigerators: 1
  • Unit 2 Appliances: Washers: 1
  • Unit 2 Appliances: Ovens: 1

Exterior Features

  • Driveway: Concrete
  • Exterior: Aluminum Siding,​Wood Siding
  • Lot Dimensions: 82.5x132
  • Lot Acres: 0.25

Financial Features

  • Taxes: 4,171
  • Tax Year: 16
  • Taxable Value: 59,650

School Features

  • School District: Mason

Utility Features

  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas Natural
  • Heating: Forced Air - Gas

Location

 
Street View Not Available
Directions to 226 E Cherry Street, Mason, MI 48854
Jefferson to Cherry
The listing information for 226 E Cherry Street, Mason, MI 48854 was graciously provided by our friends at the listing brokerage, RE/MAX Real Estate Pros E.L.

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P&I Payment $343.36
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Home Partners's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Home Partners, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/22/2018 at 12:37am
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