112 W Clinton St

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112 W Clinton St

Augusta, MI 49012
Asking Price
$170K
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily property located in Augusta Michigan
  • Three distinct residential rental units available
  • Total asking price is 170,000 dollars
  • Average price per unit is 56,667 dollars
  • Portfolio asset type designed for rental use

What's Special

This multifamily property consists of three residential units totaling an acquisition price of 170,000 dollars. Positioned at 112 W Clinton St in Augusta, Michigan, the site offers a strategic entry point into a stable rental market. The asset functions as a single family rental portfolio, providing a straightforward investment vehicle for those seeking to diversify their holdings within the regional residential landscape. Augusta benefits from its position within the broader Michigan economy, serving as a quiet community with steady demand for well-maintained workforce housing. The current configuration of three units at approximately 56,667 dollars per unit allows investors to scale their operations with manageable entry costs. Prospective owners might consider long-term hold strategies to capitalize on consistent cash flow potential in this suburban setting. The property layout is well-suited for professional management and steady tenant retention given the local population density and demand for rental alternatives to single-family homeownership.

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NOI
$80,000
Cap Rate
47.06%
DSCR
7.93
Strong
Cash-on-Cash
137.07%
Monthly Payment
$841.067
Annual Cash Flow
$69,907.193

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