4760 N Lumberjack Road Riverdale, MI 48877

Multi-Family Home MLS #: 1927925 Listed By CENTURY 21 Lee-Mac Realty
605 W. Warwick Drive, Alma, MI 48801

$295,000

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Est. Property Tax: $2,536
Estimated monthly payments: $1,501/mo.* (recalculate)

Property InformationDescription

This 4-Plex has a solid 20-year rental history and based on the current rents, produces almost $35,000 of gross annual income. This building was originally a church but in 2004 the ENTIRE property was remodeled. There are two 3 bedroom with 2 bathroom units that are two stories and feature things like second floor laundry and walk-in closets. The third unit is also two-story and has 2 bedrooms and 1 bathroom and the fourth is 2 bedroom and 1 bathroom that features one level living. All units have their own laundry, furnace, central air unit, water heater, septic, and utility meter. Tenants are currently month to month and pay their own utility costs. There is plenty of on-site parking and many other features that make this property a turnkey investment with enormous upside!
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Features

  • Roof: Metal Roof
  • Style: Other Style

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4760 N Lumberjack Road, Riverdale, MI 48877
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School Information

4760 N Lumberjack Road, Riverdale, MI 48877

Other Nearby Schools Distance Type Grades School Rating
Vestaburg Community Alternative Education School 4.4 mi Public 9-12 D-
Vestaburg Middle/high School 4.4 mi Public 7-12 B-
Success Virtual Learning Centers Of Michigan 4.4 mi Public 9-12 F
Vestaburg Elementary School 4.4 mi Public KG-6 C+
Link Learning Edmoremontabellavestaburg 4.4 mi Public 9-12 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Riverdale, MI 48877

Median Age: 42.9
Married: 60%
Number of Households: 789
Households with Children: 28%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home