$799,999
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
County: Jackson
Street #: 190
Street Name: Maple
Suffix: Street
State: MI
Zip Code: 49237
OfficeContract Info
Status: Active
Current Price: $799,999
List Price: $799,999
Listing Date: 2026-02-02
General Property Info
Lot Measurement: Acres
Lot Square Footage: 20909
Lot Acres: 0.48
Lot Dimensions: 128x165
Year Built: 1957
New Construction: No
Financial Available: Yes
Cert of Compliance: No
Road Frontage: 128
Total # Units: 7
# of Diff Unit Floor Plans: 7
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 9516
Total Parking Spaces: 12
Waterfront: No
School District: Concord
Tax Info
Tax ID #: 003-11-27-327-035-01
Taxable Value: 186900
SEV: 186900
For Tax Year: 2025
Seller's Annual Property Tax: 7304.63
Tax Year: 2025
Spec Assessment & Ty: None
Zoning: 201 Commercial
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Income and Expenses
Annual Insurance: 3792
Annual Utilities: 14973.52
Gross Op. Inc.: 52500
Net Operating Income: 32834.48
Operating Expense: 18765.52
Unit 1
Unit #: 1
Unit Description: Basement
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: NW side - main floor
Identical Units: 4
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: SW side - main floor
Identical Units: 5
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 4
Unit Description: NW upper
Identical Units: 2
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 5
Unit #: 5
Unit Description: Vacant SW upper
Identical Units: 3
Occupied: No
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 6
Unit #: 6
Unit Description: Upper NW
Identical Units: 7
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 7
Unit #: 7
Unit Description: NW upper
Identical Units: 6
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
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: February - 03 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.