346 Roe St, Plymouth, MI 48170

Property Description

Offer deadline for Friday, March 27 at 5:00 p.m. Tremendous opportunity to invest in a multifamily property in the heart of downtown Plymouth, located right next to the Plymouth Public Library and just steps from everything downtown has to offer, including the Kellogg’s Park, Penn Theatre, shopping, and a wide variety of restaurants. This property features three units: two lower-level units, each offering two bedrooms and one full bath, and one upper-level unit with one bedroom and one full bath. All units include stainless steel appliances and private, in-unit laundry rooms. The upper unit features a gas range, while the two lower units are equipped with electric ranges. Major updates include brand new windows and a new roof completed in 2024. Kitchens and bathrooms have been updated within the past six years, and the water heater was replaced within the last seven years. The upper unit has been fully remodeled in 2026. The total monthly income is $3,810, or $45,720 annually. The net operating income comes in at $34,640. Gas and electric are metered individually and paid by each tenant. A strong investment opportunity in a prime location. Reach out for more details.