230 N Corning Street
Farwell, MI 48622

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Description

Receivership Sale - 16-Unit Multifamily Property. Excellent opportunity to acquire a 16-unit income-producing property under court-appointed receivership. Financials and additional property details available upon request to vetted and qualified buyers. Coin laundry facilities onsite. Call for additional details.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family
• Listing Status: Active
• County/Area: Clare County
• Zip Code: 48622
• Year Built: 1984
• School District: Farwell
• Units: 16 units
• Basement: Slab
• # of Parking Spaces: 35
• Lot Size: 0.992 acres
• Accessibility: Accessible Entrance, Ramped Entrance
• Basement Type: No
• Construction Materials: Wood Siding
• Cross Street: N. Corning / Ohio
• Directions: Main St. to N. Corning, N to apartments
• Driveway: Shared Unpaved
• Financial Available: Yes
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Laundry Features: Common Area, Lower Level, Laundry Room, Main Level
• Lot Description: Recreational, Sidewalk, Wooded
• Lot Features: Recreational, Sidewalk, Wooded
• Lot Size Area: 0.99
• Lot Size Square Feet: 43124
• Lot Size Units: Acres
• MLS Area Major: Clare-Gladwin - D
• MLS Area Minor: Clare-Gladwin - D
• Main Type: Multi Family
• Number Of Buildings: 2
• Number Of Diff Unit Floor Plans: 2
• Owner Pays: Sewer, Trash Collection, Water
• Parcel Number: 041-209-005-01
• Possession: Close Of Escrow
• Road Surface Type: Paved
• Roof: Composition
• SEV: 204928
• Sewer: Public Sewer
• Street Type: Paved, Public
• Tax Annual Amount: 10843
• Tax Legal Description: T17N R5W SEC 26 . LOTS 5-8-9-12-13-16 BLK 9 FARWELL, MICH.
• Tax Year: 2024
• Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
• Terms Available: Cash, Conventional
• Total Approx Sq Ft All Bldgs: 11120
• Township: Farwell Vlg
• Utilities: Natural Gas Connected, Electricity Connected
• Water Source: Public Water
• Zoning Description: Res