140 Market Street

Mount Clemens, Michigan 48043

  • 4 Bed(s)
  • 5.5 Bath(s)
  • 4,162 Sqft
  • 0.28
    Acre(Lot)
$369,900

Description

Gorgeous five-unit apartment building with excellent curb appeal. charming exterior and ample parking for residents. four 1-bedroom units and one studio. fully occupied and licensed with the city. one lease expiring 2/28/2025. remaining four expire later in 2025. owner is responsible for dumpster (avg $70/mo), common area electricity (avg $30/mo), gas (avg $160/mo), and water (avg $113/mo). one tenant reimburses $30/mo for utilities. management plans to get all tenants on utility reimbursement plans upon renewal. owner responsible for lawn and snow.

  • Property Type

    Multifamily
  • Subdivision

    A Ashley's Sr. Add To Mtc
  • County

    Macomb
  • Style

    Colonial,Victorian
  • AD ID

    48197092

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Property Details

  • Bathroom Information

    • Total Baths: 5.5
    • Full Baths: 5
    • Half Baths: 1

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas
  • Building Information

    • Year Built: 1880
    • Building Stories: 2 Story
    • Total Units: 5
    • Foundation/Basement: Basement
    • Architecture: Colonial,Victorian

    Exterior Features

    • Construction: Aluminum

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
  • Lot Information

    • Lot Size: 0.28
    • Dimensions: 90 x 137

    Property Information

    • SQ ft: 4162
    • Subdivision: A ASHLEY'S SR. ADD TO MTC
    • Financing: Cash,Conventional
  • Listing Price Information

    • Original List Price: $392,000

    Listing Information

    • Possession: At Close
    • Legal Description: A ASHLEYS SR ADDITIONBLOCK 3PART OF LOTS 13 & 14 DESC AS FOLL; BEG AT SW COR LOT 13; TH NELY 150.20 FT ALG SELY LINE LOT 13;TH NWLY 35.80 FT PARA WITH MARKET ST; TH SWLY 23.0 FT PARA WITH SELY LINE LOT 13; TH NWLY 23.10 FT PARA WITH MARKET ST; TH NELY 2.40 FT PARA WITH SELY LINE LOT 13; TH NWLY 31.10 FT PARA WITH MARKET ST; TH SWLT 129.60 FT PARA TO SELY LINE LOT 14; TH SELY 90.0 FT ALG NELY SIDELINE MARKET ST TO POB. L. 1 P 13
  • Tax Information

    • Annual Tax: $8,886
    • Parcel Number: 1111462037

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: A ASHLEYS SR ADDITIONBLOCK 3PART OF LOTS 13 & 14 DESC AS FOLL; BEG AT SW COR LOT 13; TH NELY 150.20 FT ALG SELY LINE LOT 13;TH NWLY 35.80 FT PARA WITH MARKET ST; TH SWLY 23.0 FT PARA WITH SELY LINE LOT 13; TH NWLY 23.10 FT PARA WITH MARKET ST; TH NELY 2.40 FT PARA WITH SELY LINE LOT 13; TH NWLY 31.10 FT PARA WITH MARKET ST; TH SWLT 129.60 FT PARA TO SELY LINE LOT 14; TH SELY 90.0 FT ALG NELY SIDELINE MARKET ST TO POB. L. 1 P 13
  • Multi-Unit Information

    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 4
  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 01/22/2025 @ 08:48

  • MLS: 608661600
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 4 bedrooms which is for sale, it has 4,162 sqft, 0 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Mount Clemens , in zip code 48043, this Macomb County Multifamily , it is in the A ASHLEY'S SR. ADD TO MTC Subdivision, are nearby neighborhoods.