247 North Avenue, Mount Clemens, MI 48043

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Building Details:

• Year Built: 1900

100% occupied, renovated 6 unit apartment building close to downtown Mt. Clemens. 4-1 bedroom units, 2-2 bedroom units. All units have been updated within the last 2 years - almost all new appliances, freshly painted, carpet and linoleum flooring, newer siding/roof/windows, updated electric and plumbing, newer boiler and water heaters. Ample off street parking. City inspected and approved - holds current City rental certificate. Building is 100% leased at $37,800 per year (gross), $17,000 per year (net). Land contract available - $70,000 down payment, 7.5% interest, 7 year fully amortizing contract with Principal and Interest payments of $1,226. Please do not disturb the tenants. Need signed contract prior to touring property.

Located on the southeast corner of North Ave. and Englewood, approximately 8 blocks from downtown Mt. Clemens. Approx. 2.5 miles from I-94, 1.5 miles from M-59.