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Sandborn Real Estate
Nick Sandborn | Broker/Owner
100 Kent Street
Portland, MI 48875

Office: (517) 647-4113
Nick: (517) 420-8352
Amanda: (517) 290-3428
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Listing 3 out of 4
$94,900 Active Backup

115 Kent Street
Portland, MI 48875

3 units |

lot: 1307 sq ft lot
Commercial: Income - MLS# 229945
Property Photo
1/33

Description

Great investment opportunity for you! 2-1 bedroom loft apartments upstairs can pay your mortgage, taxes and insurance. The main street level would be great for your current business or rent it out too! The full basement has plenty of storage with easy access at the rear of the building. The building is currently vacant. Forecasted rent rates of $500-$600/mo per apartment.

Features

  • Property Type: Commercial
  • Sub Type: Income
  • Listing Status: Active Backup
  • County/Area: Ionia County
  • Zip Code: 48875
  • Year Built: 1870
  • School District: Portland
  • Style: Two Story
  • Stories: 2
  • Units: 3 units
  • Basement: Full, Outside Entrance
  • Lot Size: 1307 sq ft lot
  • Zoning: Commercial
  • Appliances: Central Air, Oven, Range, Refrigerator
  • Building 1 Description: vacant office/retail w/ 2-1 br apts on 2nd level
  • Ceiling Height: 10
  • Directions: Corner of Kent St and Grand River Ave.
  • Driveway: No Driveway
  • Exterior: Block, Brick, Wood Siding
  • Foundation Size: 1400.00
  • Heating: Forced Air - Gas
  • Income & Expenses: Annual Income: 18000.00
  • Income & Expenses: Insurance: 2000.00
  • Income & Expenses: Tax Expense: 1135.00
  • Income & Expenses: Utilities: 2400.00
  • Land & Acreage: Up to 1/4 Acre
  • Lavs: 1.00
  • Lot Dimensions: 20x77
  • Overall Building Size: 2800
  • Roof: Flat
  • Sewer: Public Sewer
  • SqFt - Above Appx: 2800.00
  • SqFt - Office: 1000.00
  • SqFt - Retail: 1000.00
  • Unit 1: Baths: 1.00
  • Unit 1: Finished SqFt: 1400
  • Unit 1: Monthly Income: 700.00
  • Unit 1: Rooms: 4
  • Unit 1: Unit: Main level
  • Unit 2: Baths: 1.00
  • Unit 2: Bedrooms: 1
  • Unit 2: Finished SqFt: 700
  • Unit 2: Monthly Income: 500.00
  • Unit 2: Rooms: 4
  • Unit 2: Unit: Apartment 1
  • Unit 3: Baths: 1.00
  • Unit 3: Bedrooms: 1
  • Unit 3: Monthly Income: 500.00
  • Unit 3: Rooms: 4
  • Unit 3: Unit: Apartment 2
  • Water: Public
  • Water Heater: Gas Natural
Courtesy of Coldwell Banker Frewen Realty, Llc, Terence M Frewen



Sandborn Real Estate | 517-647-4113 | Email Us
100 Kent St - Portland, MI 48875
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