22100 Hawthorne St, Farmington, MI 48336

Property Description

Attention investors, Solid 4 unit ranch style income property in Farmington recently renovated and fully occupied generating $3,236 Gross income per month. It is currently professionally managed and was just recently appraised at $356k! (Appriasal on file.) Zoned R1 and sits on a 144x132 lot! Easy access to everything. These units go quickly when they become available but is at 100% occupancy currently! Turn key! Shown upon accepted offer only, do not disturb tenants. There are 3 seperate structures, (Two of the units share a common wall.) One water bill, seperate utilities. Owner takes care of lawn and snow. Lender on standby for financing questions: Mark Sera (phone in agent remarks.) Sellers LC terms are: $325k with 20% down, 7% interest, amortized over 30 years with a 5 year balloon. ot $300K cash. *Do not disturb tenants. **Agents- check the agent remarks for answers to your commonly asked questions and specific instructions on submitting your offer. Do NOT Email offers! If your offer has been submitted over the weekend, we will respond the next business day. Rents break down to roughly $840/$830/$790/$780 *Lawn is approx $50 per service and Snow is approx $55 per service.