876 N Mill Street
Plymouth, MI, 48170 $ 530,000
Baths0.0 Monthly Estimate*
$ 3,702
Studio
for $530,000. This home was built in 1900 on a lot size of 0.16.
Turnkey investor property in Old Village historical style home -downtown Plymouth area. 2,726 sq ft colonial currently used as a 3-unit multi-family home can be used for multiple purposes. Fully leased. 1st flr could be used as an office/business & live/rent the upper 2 units or make this an amazing residential home! Updates: ba w/ interior designer flare, roof - 19, vinyl siding, thermal windows, each unit w/its own forced air heating, A/C, electrical panels, H2O heater & plumbing. Separate meters for gas/electricity. LL unit w/new kit, vintage oak china cab, recessed lighting, for DR w/access to covered wrap-around porch, liv rm w/box bay window, original tin ceiling, crown molding & ceiling medallions. 2nd bdrm/office & in-unit laundry, prim bdrm w/tin ceiling & updated ba.2car garage. Turnkey investor property in Old Village historical style home located in downtown Plymouth area. 2,726 sq ft colonial currently used as a 3-unit multi-family home can be used for multiple purposes. Fully leased. 1st floor could be used as an office/business & live/rent the upper 2 units or make this an amazing residential home! Updates: ba w/ interior designer flare, newer roof, vinyl siding, thermal windows, each unit w/its own forced air heating, A/C, electrical panels, H2O heater & plumbing. Separate meters for gas/electricity. LL unit w/new kit, vintage oak china cab, recessed lighting, for DR w/access to covered wrap-around porch, liv rm w/box bay window, original tin ceiling, crown molding & ceiling medallions. 2nd bdrm/office & in-unit laundry, mstr bdrm w/tin ceiling & updated bath w/soaking tub & shower & terrazzo flr. Upper units w/newer oak kit, enclosed porch, porcelain tile shower, recessed lighting, hardwood floors & new carpet throughout & in-unit laundry. Garage w/loft & more. All 3 units are currently leased out, hence 48-hour advance notice is required. Tenants pay gas/electricity and there are three meters. Landlord pays water, sewer, trash, and lawn care. 2023 Net income was $18,158 Total expenses was $29,271. Unit#1 has pet, lease expires 7/31/24 $1,700, Unit #2 , 1 car garage, has pet, lease expires 6/30/24 $1,100, Unit #3 1 car gar, lease expires 5/31/24 $1,200. No CofO b/c COVID. To schedule a private showing call Maura Rains at 313-717-7788 or Email: Mattlmaura@aol.com
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FeaturesGeneralSewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Natural Gas Connected
Construction Materials Vinyl Siding Block
Year Built 1900
Tenant Pays Electric Gas
Property SubType 2 to 4 Units
Tax Year 2023
Gross Income 47429.0
County Wayne
Net Operating Income 18158.0
Operating Expense 29271.0
Insurance Expense 2045.0
New Construction N
Property Type Multi-Family
Attached Garage N
Status Active Contingent
Directions South Of Wilcox On Mill W Of Main
City Plymouth
High School District Plymouth-Canton
Zoning Description MU
Total Units 3
MLS Area Ann Arbor/Washtenaw - A
Lot Size Square Feet 6970.0
Waterfront Y/N N
Street Name Mill
Land Lease Y/N N
Tax Annual Amount 10140.0
Lease Renewal Y/N N
MLS Area Minor Ann Arbor/Washtenaw - A
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 96
Standard Status Active Under Contract
Occupancy Description Tenant
Tax Assessed Value 166519
Legal Description 26A471 LOT 471 ASSESSORS PLYMOUTH PLAT NO 15 TIS R8E L66 P81 WCR
Senior Community None
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InteriorBasement Full
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Laundry Features In Unit
Electric On Property Y/N N
Total Baths 0
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ExteriorParking Features Driveway Gravel
Total Parking 2.0
Lot Size Area 0.16
Number of Buildings 1
Spa N
Lot Dimensions 52x134x52x134
Lot Size Acres 0.16
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByThe Charles Reinhart CompanyBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,702
- Monthly Property Taxes
- $845
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Plymouth, MI
Average List Price $530,000
Percent of Sale Price 0%
About Plymouth, MI 9,114 Population
-1% Since 2002
$ 80,765 Median Income
41.59 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4473596 Elementary School
4473597 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/25/2024 | $530,000 | | Listed Price |