Affordable Investment Opportunity 13.5% CAP RATE
swipe
108 N Newton St, Fulton Township, MI 48856
payments
Cash / Conventional
credit_score
Important Details
- Great investment with a 13.5% CAP rate!
- Building in great shape
- Only 40 min to downtown Lansing
- Tenant covers expenses
- Super affordable
Summary
For Sale - Only $40,000 with a 13.5% Cap Rate!!
Tenant occupied with an affordable $450 / month lease
This downtown office building was previously an insurance office and was in great shape to start. The new tenant runs a construction company and is continually making improvements as well.
The building also has a secure bank vault! It is close to the expressway, only 40 min from Lansing.
Check out the 3D Tour: https://my.matterport.com/show/?m=fYDgbKPPd16
360 Virtual Tour - Walk Through The Building Now
Property Information
Address
108 N Newton St, Fulton Township, MI 48856
Existing Approvals (if any)
Utilities
Electric, Gas, Sewer, Well - - Private well onsite
AUCTION
Affordable Investment Opportunity 13.5% CAP RATE
swipe
108 N Newton St, Fulton Township, MI 48856
Features
- Great investment with a 13.5% CAP rate!
- Building in great shape
- Only 40 min to downtown Lansing
- Tenant covers expenses
- Super affordable
Inspection Dates:
Flexible - Request Appointment
Contact Us Directly To Schedule A Date
Land Contract Terms:
Down payment due at closing:
Balloon Payment Due:
months
This property is on
bidder's watch lists
360 Virtual Tour - Walk Through The Building Now
Description
For Sale - Only $40,000 with a 13.5% Cap Rate!!
Tenant occupied with an affordable $450 / month lease
This downtown office building was previously an insurance office and was in great shape to start. The new tenant runs a construction company and is continually making improvements as well.
The building also has a secure bank vault! It is close to the expressway, only 40 min from Lansing.
Check out the 3D Tour: https://my.matterport.com/show/?m=fYDgbKPPd16
Property Information
Address
108 N Newton St, Fulton Township, MI 48856
Existing Approvals (if any)
Utilities
Electric, Gas, Sewer, Well - - Private well onsite
Affordable Investment Opportunity 13.5% CAP RATE
swipe
108 N Newton St, Fulton Township, MI 48856
payments
Cash Only
credit_score
Important Details
- Great investment with a 13.5% CAP rate!
- Building in great shape
- Only 40 min to downtown Lansing
- Tenant covers expenses
- Super affordable
Summary
For Sale - Only $40,000 with a 13.5% Cap Rate!!
Tenant occupied with an affordable $450 / month lease
This downtown office building was previously an insurance office and was in great shape to start. The new tenant runs a construction company and is continually making improvements as well.
The building also has a secure bank vault! It is close to the expressway, only 40 min from Lansing.
Check out the 3D Tour: https://my.matterport.com/show/?m=fYDgbKPPd16
360 Virtual Tour - Walk Through The Building Now
Property Information
Address
108 N Newton St, Fulton Township, MI 48856
Existing Approvals (if any)
Utilities
Electric, Gas, Sewer, Well - - Private well onsite
AUCTION COMPLETE
Affordable Investment Opportunity 13.5% CAP RATE
SOLD!
108 N Newton St, Fulton Township, MI 48856
Want to get your property sold?
Talk to a Bricks + Mortar team member today!
Sell My Property!!Learn About The Area
Fulton Township, MI - Gratiot County
Fulton Township is located in Gratiot County, Michigan. Gratiot County is located in the central part of the Lower Peninsula of Michigan. The county seat is Ithaca. Fulton Township is a civil township of Gratiot County, it's one of the 17 townships in the county. It's a rural area and most of the land is used for farming.
Local Stats
Municipality Residents
People Within 50 Miles
Not Seeing What You Are Looking For?
Get notified first when the perfect property comes on market!
.png)
.png)
