$769,999
Concord, MI 49237
MLS# 26003827
1 / 11
Property Description
Don't miss this opportunity to own this 7 unit investment property. Recent updates to 3 of the vacant units will bring substantial rental value. Opportunity for rent raises on the remaining 4 units. Each unit has storage in the basement, separate meters and a 1 car garage. Showings subject to tenants rights.
Details
Maps
Location & Property Info
Cross Streets: maple and center
Property Sub-Type: 5+ Units
Municipality: Concord Vllg
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 80.92
General Property Info
New Construction: No
Lot Dimensions: 128x165
Financial Available: Yes
Road Frontage: 128
Cert of Compliance: No
Waterfront: No
Basement: Yes
Total # Units: 7
# of Diff Unit Floor Plans: 7
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 9516
Total Parking Spaces: 12
School District: Concord
Lot Measurement: Acres
Lot Square Footage: 20909
Lot Acres: 0.48
Year Built: 1957
Tax Info
Taxable Value: 186900
SEV: 186900
For Tax Year: 2025
Seller's Annual Property Tax: 7304.63
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None
Zoning: 201 Commercial
Tax ID #: 003-11-27-327-035-01
Remarks & Misc
Public Remarks: Don't miss this opportunity to own this 7 unit investment property. Recent updates to 3 of the vacant units will bring substantial rental value. Opportunity for rent raises on the remaining 4 units. Each unit has storage in the basement, separate meters and a 1 car garage. Showings subject to tenants rights.
Legal: BEG AT THE INTERSECTION OF THE W LN OF MAPLE ST WITH THE N LN OF CENTER ST TH N 89(DEGREES)54'30''W ALG THE N LN OF CENTER ST 165 FT TH N 1(DEGREES)36'W 128.99 FT TH S 89(DEGREES)54'30''E 165 FT TO THE W LN OF MAPLE ST TH S 1(DEGREES)36'E ALG THE W LN OF MAPLE ST 128.99 FT TO BEG. BEING A PART OF LOT 51ASSESSOR'S PLAT OF VILLAGE OF CONCORD, UNRECORDED. SEC 27 T3S R3W
Waterfront Options
Water Access Y/N: No
Lot Description
Corner Lot: 1
Sidewalk: 1
Income and Expenses
Annual Insurance: 3792
Annual Utilities: 14973.52
Gross Op. Inc.: 52500
Net Operating Income: 32834.48
Operating Expense: 18765.52
Street Type
Paved: 1
Public: 1
Util Avail at Street
None: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
In Basement: 1
Sink: 1
Exterior Material
Brick: 1
Roofing
Other: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Steam: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Concrete: 1
Gravel: 1
Paved: 1
Substructure
Daylight: 1
Full: 1
Walk-Out Access: 1
Extras
Garages: 1
Laundry Facility: 1
Sep Electric Meter: 1
Tenant Storage: 1
Owner Pays
Gas: 1
Sewer: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Basement
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Garage: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: NW side - main floor
Identical Units: 4
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit #: 3
Unit Description: SW side - main floor
Identical Units: 5
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Garage: 1
Refrigerator: 1
Unit 4
Unit #: 4
Unit Description: NW upper
Identical Units: 2
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Unit 5
Unit #: 5
Unit Description: Vacant SW upper
Identical Units: 3
Occupied: No
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Unit 6
Unit #: 6
Unit Description: Upper NW
Identical Units: 7
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Range/Oven: 1
Refrigerator: 1
Unit 7
Unit #: 7
Unit Description: NW upper
Identical Units: 6
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Garage: 1
Refrigerator: 1
Range/Oven: 1
Location Property Info
County: Jackson
Street #: 190
Street Name: Maple
Suffix: Street
State: MI
Zip Code: 49237
OfficeContract Info
Status: Active
Current Price: $769,999
List Price: $769,999
Listing Date: 2026-02-02
Property Features
Laundry Features: Common Area; In Basement; Sink
Exterior Material: Brick
Roofing: Other
Substructure: Daylight; Full; Walk-Out Access
Lot Description: Corner Lot; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: None
Extras: Garages; Laundry Facility; Sep Electric Meter; Tenant Storage
Owner Pays: Gas; Sewer; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Steam
Driveway: Concrete; Gravel; Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Sale Conditions: None
Unit 1: Garage; Range Oven; Refrigerator
Unit 2: Garage; Range/Oven; Refrigerator
Unit 3: Range/Oven; Garage; Refrigerator
Unit 4: Garage; Range/Oven; Refrigerator
Unit 5: Garage; Range/Oven; Refrigerator
Unit 6: Garage; Range/Oven; Refrigerator
Unit 7: Garage; Refrigerator; Range/Oven
Listing Office: Home 1st Real Estate
Listing Agent: Eric Leighton
Last Updated: March - 24 - 2026
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