Kimball MI Multi Family for Sale
$434,900
5631 LAPEER Kimball, MI 48074
- Type:
- Multi-Family
- Sq.Ft.:
- 5,440
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.72 Acres
- Year built:
- 1981
- Baths:
- 6.00
- MLS#:
- 60319528
ADDITIONAL INFORMATION
Calling all investors. This 5 unit building is in great condition sitting on almost 2 acres of half manicured/half wooded land with a country feel. Building consist of 2 three bedroom, 1 two bedroom, and 2 one bedroom units. Note one of the 3 bedroom units have connected bedrooms. All units are spacious with kitchens and baths. All appliances stay except extra washer/dryer. Property has huge heated garage with 3 bays in the front and a 4th bay across the back perfect for large boat or RV storage, 2 sheds, irrigation system that draws from well. Buildings common area has a laundry room with coin operated washer/dryer and a private half bath for owners/employees. 4 of the units will be empty on sale with 1 tenant paying month-to-month. Utilities are partially split. Please note this will not qualify for normal financing, must purchase with cash or portfolio loan.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Kimball Real Estate
The median home value in Kimball, MI is $207,500. This is lower than the county median home value of $225,000. The national median home value is $338,100. The average price of homes sold in Kimball, MI is $207,500. Approximately 88.59% of Kimball homes are owned, compared to 9.23% rented, while 2.18% are vacant. Kimball real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kimball real estate agent to arrange a tour today!
Kimball, Michigan has a population of 9,534. Kimball is more family-centric than the surrounding county with 31.94% of the households containing married families with children. The county average for households married with children is 25.78%.
The median household income in Kimball, Michigan is $55,942. The median household income for the surrounding county is $62,847 compared to the national median of $69,021. The median age of people living in Kimball is 43.9 years.
Kimball Weather
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 34.3 inches per year, with 36.5 inches of snow per year.