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For sale
  • $299,000

    508 Wright St, Breckenridge, MI 48615

    --beds
    5baths
    2,000sqft
    : 
    Multi Family
    Built in 1973
    -- sqft lot
    $292,600 Zestimate®
    $150/sqft
    $-- HOA

    What's special

    Bavarian alpine-style designPaved parking lotBaseboard heatWindow air-conditioner
    8-Unit Apartment Complex – Breckenridge, MI This charming 8-unit apartment complex in Breckenridge features a unique Bavarian Alpine-style design that gives the property great curb appeal. Each unit is a cozy 1 bed, 1 bath with a kitchen, living space, baseboard heat, and a window air-conditioner. The building is fully rented, with each unit bringing in an average of $540 per month. The total gross monthly rent is $4,325, making it a strong income-producing property. Tenants each have their own electric meter and pay their own electric bills. The owner is responsible for water, sewer, dumpster service, lawn care, and snow removal. There’s also a coin-operated laundry room on-site, providing additional income. The property includes a paved parking lot for tenant convenience and an extra storage shed for maintenance supplies or owner use. This is a great investment opportunity in a peaceful, small-town setting with consistent rental income and value-added features.
    4 days
    on Zillow
    |
    391
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    28
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    Zillow last checked: 7 hours ago

    Listing updated: April 24, 2025 at 11:09pm

    Listed by:

    Micah Kemler,

    43 NORTH REALTY 989-463-1219

    Source: NGLRMLS,MLS#: 1932717MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 508 Wright St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 5
    Heating
    • Baseboard
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Refrigerator, Oven/Range, Electric Water Heater
    Features
    • None, Cable TV
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    • Waterfront features: None
    Lot
    • Size: 0.83 Acres
    • Dimensions: 165 x 208
    Details
    • Additional structures: Shed(s)
    • Parcel number: 42-150-014-00
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame, Wood Siding
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: None
    • Subdivision: Village of Breckenridge
    Location
    • Region: Breckenridge

    Financial & listing details

    • Price per square foot: $150/sqft
    • Annual tax amount: $3,555
    • Price range: $299K - $299K
    • Date on market: 4/22/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash,1031 Exchange
    • Ownership type: Private Owner
    • Lease term: Month To Month,12 Months
    • Total actual rent: 2725
    • Road surface type: Asphalt
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