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listing
1 of 34
Residential IncomeFor Sale
$200,000
12506 Tuscola
Clio, MI 48420
Courtesy of Red Carpet Keim Action Group 1
MLS: East Central Association of REALTORS
6Beds
3Baths
3,080Sq Ft
Est. Mortgage
$1,132/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!

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