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1305 Springfield, Midland, MI 48642

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For Sale

$389,000

8 beds • 4 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 2 Car Garage
    Garage Count

  • Finished, Full
    Basement

Explore this Property

Excellent Investment Opportunity! This profit-making 4-unit all-brick property offers strong rental income and modern updates throughout. Each apartment features newer luxury vinyl flooring or carpet, fresh paint, updated countertops, and vanities. Major improvements include a newer roof, furnaces, and A/C units. Each unit has 2 bedrooms and 1 full bath. Each unit has separate utilities individual furnaces, central air, water heaters, and electric meters. Apt 1 and Apt 2 have private fenced in yard. Apt 3 and Apt 4 have balconies. Tenants pay their own utilities; landlord covers lawn care and snow removal. Total monthly rent is approximately $3,300, plus an additional ~$700/year from the shared coin-operated laundry. Apt 2 is currently vacant for easy showings; the remaining units are fully occupied with tenants. A turnkey, income-producing property ready for your portfolio! Don't wait, call for your private tour TODAY!
MLS# 50193719

Listed By CENTURY 21 Signature Realty
409 Ashman Street, Midland, MI 48640

Property Features

  • Appliances
    Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
  • Basement
    Finished, Full
  • Cooling
    Central A/C
  • Exterior Description
    Brick
  • Garage Count
    2 Car Garage
  • Heating - Fuel Type
    Gas
  • Lot Size
    0.25 Acres
  • Pre-Wiring
    Garage Door
  • Sewer
    Public
  • Style
    Multi Family - 2-4 Units

Home seller Meet the Agent,
Ava Miaomiao Dong

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Ava Miaomiao Dong

of CENTURY 21 Signature Realty

License: 6501391151
(989) 698-6002
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.