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SOLD
$69,500
Date 06/10/2022

205 Homer Road
Concord, MI 49237

Multi-Family
Residential
1,772
Sq. Ft.
0.24
Acre Lot
Courtesy: Doug Beiswanger - BNR Real Estate Group
Lighthouse Realty> Michigan> Concord> 49237
Located in the beautiful Village of Concord, this duplex is ready for its new owner occupants or investor. Main level features a 2 bedroom and 1 bathroom unit. Upper level features a 1 bedroom and 1 bathroom unit. Both units a large and have large bedrooms. Units are on separate gas/electric meters. Landlord pays water/sewer/trash. Tenants pay gas/electric/lawn. Property is in close proximity to schools, shopping, dining, and more. Current rents below market. At market average, cap rate is estimated at 16% on listing price and 10.3% on future value. Property is being sold as-is and where-is.
22018469
Residential - Multi-Family, Other
1900
Jackson
0.24 Acres
Public
Wood
Public
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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: Doug Beiswanger - BNR Real Estate Group
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