For Sale
$245,000

4131 16 Okemos, MI 48864

High-yield, three-unit property in Okemos.

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity presents a unique multi-unit property located at 4131 Okemos Road, Unit 11, in Okemos, Michigan. The property, totaling 2,623 square feet, comprises three individual units, each with its own separate parcel number, that have been thoughtfully combined into one expansive space. This conversion offers significant potential for rental income or owner-occupancy with rental income. The property features three separate furnaces and central air conditioning units, ensuring individual climate control for each section. The front air conditioning unit was recently replaced in 2019, demonstrating proactive maintenance. Prospective buyers should be aware of an annual drain assessment of approximately $835, collected as part of the winter taxes, which extends until 2035. This assessment is assumed by the buyer. The property sits on a lot with zero acres. This property is listed at $245,000 and presents a compelling opportunity for investors seeking a high-yield, multi-unit property in a desirable Okemos location. The unique configuration and existing infrastructure make this a truly remarkable investment prospect. Serious inquiries are encouraged.

Property Details for 4131 16

Property type
Commercial real estate
Square Feet
2,623 SF
Year Built
1984

Location Insight

City
Okemos
County
Ingham
State
Michigan
Latitude
42.70069
Longitude
-84.43346

FAQs

What type of property is this?
Commercial real estate - High-yield, three-unit property in Okemos.
Where is the commercial real estate located?
The property is located at 4131 16 Okemos, MI.
What is the asking price?
The asking price for this property is $245,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4131 16
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