2430 Military St, Port Huron, MI 48060

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List Price
$429,900
MLS#
66026053101
Status
ACTIVE

Property Description

Rare St. Clair River frontage on Military Street: a fully rented four-unit investment property with 50 feet of river frontage and unobstructed water views. A private dock provides easy access to the waterway, with room to keep a boat or jet skis on site. Each of the four units offers 2 bedrooms and 1 bath, and all four are currently occupied, with income in place from day one. The seller has invested significantly in the building's systems: new high-efficiency furnaces and new ductwork, new water heaters, updated windows and screens, and a modern electronic lock and security system with remote management. A rent roll, profit and loss statement, and a full statement of updates are attached to this listing for buyer review. Ample on-site parking for tenants and guests. The seller has relocated out of state and has priced the property to achieve a December closing. An opportunity to own income-producing riverfront in Port Huron with the major capital work already done.

Additional Information

Year Built
1917
Acres
0.13
Lot Dimensions
57 x 100
Acres
0.13
School District
Port Huron
Heating
Forced Air, Natural Gas
Waterfront Description
Lake, River, Water Access Rights

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Courtesy of eXp Realty LLC 2696004397