River Street Apartments
Multifamily | 6 Units | $100,000/unit
Marketing description
Introducing RIVER STREET APARTMENTS located at 612 RIVER ST., OWOSSO, MI 48867! This apartment complex offers a prime investment opportunity with 6 units featuring a total of 10 bedrooms and 6 full bathrooms. Each unit comes equipped with modern appliances like a microwave and gas water heater. Perfect for investors looking for immediate returns, the property boasts a 100% occupancy rate with a monthly rent of $850 per unit (Average). Situated along the serene Shiawassee River, residents can enjoy the tranquil waterfront views. The multi-family home was built in 1965 and features a bi-level design with a spacious interior area of 4,800 sqft. With a sizeable lot of 0.48 acres and close proximity to local amenities, this property is a rare find in Owosso. Don't miss the opportunity to own this lucrative investment - schedule your viewing today! $625,000+3% buyers fee
Investment highlights
City utilities-Paid by tenants. Near downtown Owosso Michigan-High demand for housing in this area.
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