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FOR SALE
$181,225

116 E Stoddard Street
Charlotte, MI 48813

Multi-Family
Residential
0.08
Acre Lot
Courtesy: Ryan D Kelley - NuCon Realty, LLC
Lighthouse Realty> Michigan> Charlotte> 48813
Exceptional Investment Opportunity: Three-Unit Property Generating Strong Cash Flow. Achieving an impressive 8.87% CAP RATE with a Net Operating Income (NOI) of $16,071, this property comprises two townhouse-style units featuring 3 beds and 1.5 baths each, alongside a one-bedroom, one-bathroom unit (upper rear access). All units are well-maintained and currently occupied, presenting a lucrative income stream. While the property requires minor exterior repairs, it offers substantial potential for long-term growth. For further details, please contact the broker. Serious inquiries from qualified investors are welcome. Note: Tenant rights are in place.
24016607
Residential - Multi-Family, Other
1920
Eaton
0.08 Acres
Block,Vinyl siding
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Ryan D Kelley - NuCon Realty, LLC
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