Terrific income opportunity in Eaton Rapids! This sale includes two historic buildings in the heart of the city with retail space and updated apartments, and better yet, all units are currently leased for the new owner to walk in and take over the current cash flow. The long standing retailer, Family Dollar, leases the 114 S Main in addition to the first floor of 110 S Main for storage. Above Family Dollar is over 6,000 soft of unfinished potential. This area was used as additional apartments. Dust off the cobwebs and let your imagination fill this space with endless possibilities for additional income. Beautiful, remodeled apartments fill out the 2nd and 3rd floors of 110 S Main. Both features updated kitchens/baths/flooring. This is a great oppertunity to own a piece of the Island City! Tax information shown is for 114 S. Main property only, please see attachments for additional information on 110 S. Main.
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. All information is deemed reliable but is not guaranteed.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.