12321 Brooklyn Rd, Columbia Township, MI 49230

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List Price
$225,000
MLS#
55026053974
Status
ACTIVE

Property Description

Opportunity meets potential in the heart of Brooklyn, Michigan! Ideally situated where Brooklyn Road and M-50 converge, this 5-acre property offers an exceptional investment opportunity in Columbia Schools, just minutes from shopping, dining and charming downtown Brooklyn. The established triplex features three spacious apartments, each offering 2 bedrooms, 1 full bath, ample parking and generous outdoor space. Two units are occupied by longtime tenants, providing established rental income, while the third has been refreshed and is ready for a new tenant at current market rates. Whether you're looking to expand your investment portfolio, explore the possibilities of the additional acreage, or enjoy owner-occupied living while rental income helps offset your mortgage, this property offers flexibility, income potential and room to dream bigger. Five acres, three income-producing possibilities and an outstanding location. Don't miss this opportunity!Both leases expire June 1, 2027, 12331 rents for $650 a month,12341 rents for $726 a monht. each unit has a shed, includes garbage, each apartment has its own Consumers meter and are the tenants responsibility. Newly renovated unit should garner closer to $1000 a month.

Additional Information

Year Built
1955
Acres
3.60
Lot Dimensions
929 x 936 x 533
Acres
3.60
School District
Columbia
Heating
Forced Air, Natural Gas
Garage Description
Gravel

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Courtesy of The Brokerage House 5177888733