🏢 Prime Investment Opportunity in Alto, MI
Welcome to 6257 Bancroft, where an exceptional 3-unit rental property awaits astute investors searching for a strategic addition to their portfolio. This property presents an impeccable blend of stability, convenience, and profit potential. With a proven tenant history and an impressive annual rent income of $38,220, this investment gem guarantees both immediate cash flow and enduring value appreciation.
Property Overview:
Discover the advantages of this property, which comprises three effortlessly manageable units. Comprising two 2-bedroom units and one 3-bedroom unit, this layout caters to a variety of tenant preferences. The prime location directly across from Alto Elementary School and easy access to I-96 add to the proper desirability.
Features and Benefits:
Strategic Unit Configuration: The property boasts two 2-bedroom units and a spacious 3-bedroom unit, optimizing flexibility and attracting a diverse range of tenants.
Convenient Location: Situated right across the street from Alto Elementary School and offering quick access to I-96, the property's location is tailored for tenant convenience and long-term demand.
Professional Management: With a dedicated property manager overseeing operations, you can trust that this investment is expertly maintained, ensuring hassle-free ownership.
Solid Tenant History: A track record of exceptional tenant satisfaction is supported by established leases in place, enhancing the property's reliability and income stability.
Investor's Dream: Whether you're a seasoned real estate investor or embarking on your investment journey, this property provides a golden opportunity to tap into a robust rental market and secure consistent rental income.
Sold
$371,500
6257 Bancroft Ave SE, Alto, MI 49302
7beds
3baths
2,900sqft
2 to 4 Units
Built in 1881
-- sqft lot
$412,900 Zestimate®
$128/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: November 08, 2023 at 10:32am
Listed by:
Joshua M McCracken 616-250-7635,
Greenridge Realty (Lowell)
Bought with:
James VanOtteren, 6501378767
Five Star Real Estate (M6)
Source: MichRIC,MLS#: 23031847

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Heating
- Hot Water
Cooling
- None
Features
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total interior livable area: 2,900 sqft
Property
Parking
- Total spaces: 10
Lot
- Size: 1 Acres
- Dimensions: 165 x 245
- Features: Wooded
Details
- Parcel number: 412404176010
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1881
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Natural Gas Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Broadband
Community & neighborhood
Location
- Region: Alto
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$412,900
2% more+ $8,258
With Zillow Showcase(estimated)
$421,158