321 West Capac Road

Beds
4,510 Sq. Ft.
$96 / Sq. Ft.
4,510
Sq. Ft.
$96
per Sq. Ft.

Description

Six unit investment property with full occupancy already in place. Four two-bedroom units, and two one-bedroom units with large parking lot and property behind. All units have deck or patios for outdoor use with all utilities separate. Landlord pays for sewer and water. Great ROI and Cap rate. 48 hour notice to show for certain units.Six unit investment property with full occupancy already in place. Four two-bedroom units, and two one-bedroom units with large parking lot and property behind. All units have deck or patios for outdoor use with all utilities separate. Landlord pays for sewer and water. Great ROI and Cap rate. 48 hour notice to show for certain units.
  1. Listed by Renee D DeKroub • RE/MAX Platinum
    P: (517)-404-4270 C: (517)-404-4270 renee@thedekroubteam.com

Property Details for 321 West Capac Road

Architectural Style
2 Story
Has Waterfront
No
Zoning Description
Multi-Family
LISTING CLOSED: 05/26/2021 12:00 AM

Property Details for 321 West Capac Road

StatusClosed
MLS #40157035
Days on Market21
Taxes$8,413 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1979
Lot Size3.36 AC / 146,361 SF
CountyLapeer County

Location

Listing Courtesy of RE/MAX Platinum

Sold By Dee's Mission Realty

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Building Information for 321 West Capac Road

Stories2Residences6Year Built1979Building Size-Lot Size3.36 AC / 146,361 SF

Payment Calculator

$2,899 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,198

Property Taxes

$701

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 321 West Capac Road

Summary
Location and General Information
  • Cross Street: S of Imlay City Rd/ Old M
  • Directions: South of Imlay City Rd/ Old M and West of N. Van Dyke
  • Latitude: 43.03148965
  • Longitude: -83.08196501
  • MLS Area Major: Imlay City (44027)
Taxes and HOA
  • Parcel Number: I199240001000
  • Tax Annual Amount: $8,413.00
  • Tax Assessed Value: 131266
School Information
  • High School District: Imlay City
Parking
  • Parking Features: Assigned
  • Parking Total: 20.0
Property
Lot Information
  • Frontage Length: 220.0
  • Lot Size Acres: 3.36
  • Lot Size Area: 3.36
  • Lot Size Units: Acres
  • Lot Size Dimensions: 220.00X660.00
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 4510.0
  • Above Grade Finished Area Units: Square Feet
  • Building Area Total: 4510.0
  • Living Area: 4510.0
  • Living Area Source: Prior Listing
  • Living Area Units: Square Feet
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1979
Building Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Levels: Two
  • Roof: Asphalt
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio, Deck
Interior Features
  • Has Basement: No
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Cooling: Ceiling Fan(s)
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Interior Features: High Speed Internet
  • Laundry Features: Common Area
Multi Family
Multi Family Information
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
Income & Expenses
  • Gross Scheduled Income: $50,520
  • Net Operating Income: $35,100
Unit Information
Unit 1
  • Actual Rent: $625.00
  • Baths Total: 1
  • Furnished: Unfurnished
  • Type: One Bedroom
  • Units Total: 1
Unit 2
  • Actual Rent: $625.00
  • Baths Total: 1
  • Furnished: Unfurnished
  • Type: One Bedroom
  • Units Total: 1
Unit 3
  • Actual Rent: $730.00
  • Baths Total: 1
  • Furnished: Unfurnished
  • Type: Two Bedroom
  • Units Total: 1
Unit 4
  • Actual Rent: $730.00
  • Baths Total: 1
  • Furnished: Unfurnished
  • Type: Two Bedroom
  • Units Total: 1
Unit 5
  • Actual Rent: $750.00
  • Baths Total: 1
  • Furnished: Unfurnished
  • Type: Two Bedroom
  • Units Total: 1
Unit 6
  • Actual Rent: $750.00
  • Baths Total: 1
  • Furnished: Unfurnished
  • Type: Two Bedroom
  • Units Total: 1

Property History for 321 West Capac Road

DateEvent & SourcePriceAppreciation
May 26, 2021

Sold

Realcomp #2210018924

$432,500
May 26, 2021

Sold

MiRealSource #40157035

$432,500
May 26, 2021

Contract Signed

Realcomp #2210018924

DateEvent & SourcePrice
05/26/2021

Sold

Realcomp #2210018924

$432,500
05/26/2021

Sold

MiRealSource #40157035

$432,500
05/26/2021

Contract Signed

Realcomp #2210018924

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 321 West Capac Road

Taxable ValueLand-Additions-Total-
Tax Record2024$14,074 ($1,173 / month)
Home Facts
Total Finished SqFt2,705 SqFtAbove Grade Finished SqFt2,705 SqFtStories1Lot Size146,274 SqFtStyleMiscellaneous CommercialZoningRM-1 MUCountyLAPEERAPNI19-92-400-010-00

Schools near 321 West Capac Road

This home is within Imlay City Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Weston Elementary School
PublicPK to 2

Borland Elementary School
Public3 to 5

Imlay City Middle School
Public6 to 8

Venture High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Platinum

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