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58629 Wallington
Washington, MI 48094
Asking Price
Contact for price
Asset Type
Apartment Building Retail
Class
Class B
What's Special
100% Leased <p><strong style="color: rgba(0, 0, 0, 1)">Apartment style quadplex featuring four ranch style units. Each unit offers 2 bedrooms, 1 bathroom, a private entrance, and access to an unfinished basement for additional storage. The property sits on a large 1-acre parcel and includes a dedicated parking lot with 10 spaces. Occupied: Currently generating steady income with a mix of month-to-month and 12-month lease terms. Tenants pay for their own metered gas and electricity. The property utilizes wel
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
