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  • $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

    🏢 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.

    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#: 23031847MLS Logo

    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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    An equal housing lender. NMLS #10287.

    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