21229 Northland Drive
Paris, MI 49338

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Description

Opportunity to purchase a 15-unit short term rental property with excellent income, a commercial building to also rent or use as you see fit and a garage for storage! Units are currently month-to-month and there are rarely any vacancies. This property will only be sold in conjunction with another similar property 20 miles away in Mecosta, which is listed as mls #26003677.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family
• Listing Status: Active
• County/Area: Mecosta County
• Zip Code: 49338
• Year Built: 1902
• School District: Reed City
• Units: 16 units
• Basement: Slab
• # of Parking Spaces: 30
• Lot Size: 1.39 acres
• Basement Type: No
• Construction Materials: Brick
• Cooling: Window Unit(s)
• Cross Street: Water/Lincoln
• Directions: From Reed City South on Northland Drive (old 131) in Paris located on the corner of Northland Drive and Water Street. This sale includes addresses: 21229 (hotel), 21219 (large shared house in front of hotel), 21241 (retail building and garage for storage)
• Financial Available: No
• Gross Income: 108000
• Heat Source: Natural Gas
• Heat Type: Hot Water
• Heating: Hot Water
• Laundry Features: Laundry Room
• Lot Size Area: 1.39
• Lot Size Square Feet: 60548
• Lot Size Units: Acres
• Main Type: Multi Family
• Number Of Buildings: 3
• Number Of Diff Unit Floor Plans: 16
• Owner Pays: Electricity, Gas, Trash Collection
• Ownership: Private Owned
• Parcel Number: 01-891-010-000 & 01-891-009-000
• Possession: See Remarks, Subject To Tenant Rights
• Road Frontage: 347.58
• SEV: 227300
• Sewer: Septic Tank
• Tax Annual Amount: 4186
• Tax Legal Description: SEC 16 T16N R10W VILLAGE OF PARIS O P BLK A LOT 2, 3, 4
• Tax Year: 2025
• Terms Available: Cash, Conventional
• Total Approx Sq Ft All Bldgs: 6724
• Township: Green Twp
• Util Availat Street: Electricity Available, Natural Gas Available, Phone Available
• Utilities: Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available, Phone Available
• Water Source: Well
• Zoning Description: 201