116 E STODDARD ST
CHARLOTTE, MI 48813
$167,000
0 Beds
0 Baths
N/A Sq Ft
Status Active
MLS# 24016607
Exceptional Investment Opportunity: Three-Unit Property Generating Strong Cash Flow. Achieving an impressive 9.62% CAP RATE with a Net Operating Income (NOI) of $16,071, this property comprises two townhouse-style units featuring 3 beds and 1.5 baths each, alongside a one-bedroom, one-bathroom unit (upper rear access). All units are well-maintained and currently occupied, presenting a lucrative income stream. While the property requires minor exterior repairs, it offers substantial potential for long-term growth. For further details, please contact the broker. Serious inquiries from qualified investors are welcome. Note: Tenant rights are in place.
Details for 116 E STODDARD ST
Built in 1920
4 parking spaces
Forced Air, Baseboard, Natural Gas
73 Days on website
0.08 acres lot
Area Information for 116 E STODDARD ST
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