Sold
Last Sold Price
3 beds1,501 sqft
765 Springmill Road, Highland, MI 48356
Multi FamilyProperty Type
0.81 acresLot Size
1920Year Built
$50/sq ftPrice per sq ft

Description

If you re looking for a turnkey investment with a positive cash flow ($19,500 a year) with little to no maintenance, here it is. This triplex has great location with all 3 units rented with happy tenants that have no desire to leave. Tenants in Unit 1 have been there 4 yrs, unit 2 less than 1 and unit 3 more than 10 years. Also a separate laundry room with coin operated washer & dryer, a separate storage room and a good size shed. With a 151 ft frontaIf you re looking for a turnkey investment with a positive cash flow ($19,500 a year) with little to no maintenance, here it is. This triplex has great location with all 3 units rented with happy tenants that have no desire to leave. Tenants in Unit 1 have been there 4 yrs, unit 2 less than 1 and unit 3 more than 10 years. Also a separate laundry room with coin operated washer & dryer, a separate storage room and a good size shed. With a 151 ft fronta
  • Listed by: John Vergona 734.658.5288 vergonasells@gmail.com Brokerage DRE #433546BR0001 • CLIENTS FIRST, REALTORS
Listing closed: 02/12/2011 12:00 AM • Source: Realcomp, MLS#: 211005467

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Location

Listing Courtesy of CLIENTS FIRST, REALTORS

Sold By KELLER WILLIAMS RLTY CM MARKET CENTER

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Payment Calculator

$664 per month

30 year fixed, 7.03% Interest

Principal and Interest

$400

Property Taxes

$264

HOA Dues

$0

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Property Information for 765 Springmill Road

Property Details
  • Taxes: $3,166 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: HIGHLAND - ORIGINAL TOWN
  • Architectural Style: Triplex
  • Waterfront: No
  • Zoning Description: Multi Family
Building Information
  • Residences: 3
  • Year Built: 1920
  • Lot Size: 0.81 AC / 35,283 SF
Summary
Location and General Information
  • Directions: M59 TO HARVEYLK SOUTH TO SPRINGMILL WEST
  • Latitude: 42.641536
  • Longitude: -83.606513
  • Cross Street: S of M-59/W of Harvey Lake
  • MLS Area Major: Area02111Highland Twp
Taxes and HOA
  • Parcel Number: 1122476002
  • Tax Amount Summer: $2,485.00
  • Tax Amount Winter: $681.00
  • Tax Annual Amount: $3,166.00
  • Tax Legal Description: T3N, R7E, SEC 22 ORIGINAL PLAT OF HIGHLAND NWLY 20
  • Tax Other Annual Assessment Description: YES
School Information
  • High School District: Huron Valley
Parking
  • Parking Features: Assigned
Property
Lot Information
  • Lot Size Acres: 0.81
  • Lot Size Area: 0.81
  • Lot Size Dimensions: 151X198X86X78X75X243
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Feet: 152
  • Road Frontage Type: Paved
Property and Assessments
  • Living Area: 1501.0
  • Above Grade Finished Area: 1501.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Other Structures: Sheds
  • Year Built: 1920
Building Features
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Foundation Details: Crawl Space, Michigan Basement
  • Levels: One
  • Year Remodeled: 1988
Utilities
  • Sewer: Separate Meters, Septic Tank
  • Utilities: Cable Available
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Appliances: Water Softener Owned
  • Has Basement: Yes
  • Cooling: Window Units
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Security Features: Smoke Detectors
  • Water Heater Fuel: Natural Gas
  • UnitOneBedNumberOf: 3
Exterior Features
  • Exterior Features: Lighting, Private Entrance
  • Patio And Porch Features: Deck, Porch
Multi Family
Multi Family Information
  • Number of Units Leased: 3
  • Number of Units Total: 3
Income & Expenses
  • Gross Scheduled Income: $19,500.00
  • Net Operating Income: $15,159.00
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $1,625.00
  • Rent Includes: Heat, Sewer, Trash Collection, Water, Yard Maintenance

Property History for 765 Springmill Road

DateEvent & SourcePriceAppreciation
Feb 12, 2011

Sold

Realcomp #211005467

$75,000—
Feb 10, 2011

Contract Signed

Realcomp #211005467

—
Dec 30, 2010

Temporarily Off Market

Realcomp #210041686

$114,900—
DateEvent & SourcePrice
02/12/2011

Sold

Realcomp #211005467

$75,000
02/10/2011

Contract Signed

Realcomp #211005467

—
12/30/2010

Temporarily Off Market

Realcomp #210041686

$114,900

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

Public Records for 765 Springmill Road

Taxable ValueLand-Additions-Total-
Tax Record2021$2,856 ($238 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,554 SqFtAbove Grade Finished SqFt1,554 SqFtUnfinished Basement SqFt1,554 SqFtStories1Lot Size24,394 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1989ZoningAICountyOAKLANDAPNH -11-22-476-002

Schools near 765 Springmill Road

This home is within Huron Valley Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 8
Public - 7 to 12
Public - K to 12
Rating
School
Distance
Highland Elementary School
PublicK to 5

Muir Middle School
Public5 to 8

Milford High School
Public7 to 12

Huron Valley Virtual Academy
PublicK 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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Listing Courtesy of CLIENTS FIRST, REALTORS

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 09/21/2023 11:55 PM PST