Another Property Sold - 12506 Tuscola, Clio, MI 48420
$1,107/mo
Rental demand is UP! What a fantastic opportunity to invest in a proven winner! This tri-plex has a great track record for an impressive ROI, is fully leased & has lots of updates already done! Gross Rents are over $30,000 a year! Less than 4% vacancy rate in last 7 years w/ long term tenants. Main furnace, Hot water heater & AC are new. Regular maintenance is done and updates incl flooring, paint, baths & appliances as needed. Collecting rents is hassle free as all tenants use electronic deposit. Tons of parking for tenants, guests & over 3/4 acre lawn! Owners have kept meticulous records of profits, expenses & maintenance. The apartments are each unique & Charming. Unit A is a favorite w/ 2 beds, Tall ceilings, Dining room, private porch & Laundry access in Basement. Unit B is 3 bed w/ 2 private entries, balcony & cute snack bar. Unit C only shares 1 wall, has ground floor entry, huge upstairs bedroom & private porch. Owners gets calls from former tenants asking to get back in!
About the Author
Michelle Plunkett, Associate Broker
It's simple, really. Help people. Each client is unique. Every situation deserves special attention. Each home, neighborhood and community is a perfect fit for someone. Whether you are part of a grieving family settling an estate, 1st time home buyer, Upsizing, simplifying or find yourself starting a new life chapter, I am eager to understand your needs, provide you with options, guide you along and help you to make insightful, shrewd decisions. What journey do you find yourself embarking on? I would love to share the adventure with you - keeping it exciting, fun and rewarding! I am a FULL TIME Realtor - working my schedule to fit with your lifestyle and adapting to your technological abilities. Together we can make it happen! In appreciation for your business and in keeping with the spirit of thankfulness to the community that has supported me along the way, a portion of each commission is donated to charity.
