Cash-flowing 2-unit in the city of Midland! Main floor unit has 3 bedrooms, 1 full bath, and currently rents for $1050/mo (potential for increase to market rent). Tenant on month to month lease. Upstairs unit has 1 bedroom and 1 bath, additional storage space, and rents for $625/mo, month to month as well. Owner pays all utilities except electric on upstairs unit (seperate meter). Great location just blocks from the new Midland Community Center and Dow Diamond. Detached garage, shared basement, newer washer, and coin operated dryer for potential additional income. Newer water heater and carpet on main floor. City certified rental. Great investment opportunity!
Sold
$119,900
401 E Hines St, Midland, MI 48640
4beds
1,456sqft
Multi Family
Built in 1919
-- sqft lot
$176,700 Zestimate®
$82/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: July 29, 2024 at 01:20pm
Listed by:
Derek Batch,
RE/MAX Results
Bought with:
Brandon Lewis, 6501386371
Ayre Rhinehart Real Estate Partners
Source: MIDMLS,MLS#: 50136439

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 1,456
- Total interior livable area: 1,456 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,840 sqft
- Dimensions: 65 x 120
Details
- Parcel number: 141630156
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Basement
Condition
- Year built: 1919
Utilities & green energy
- Electric: Separate Electric
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & neighborhood
Location
- Region: Midland
- Subdivision: Cameron add
HOA & financial
Other financial information
- Total actual rent: 1675
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Private
Services availability

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