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Jackie Jones Kapuscinski

jackie@jackiejonesrealtor.com +1(419) 260-2806

$ 2,600,000

Est. payment | -/mo

45 Baths

20,190 SqFt

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$ 2,600,000

Est. payment | -/mo

Save Virtual Tour

45 Baths

20,190 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 20,190 sqft

Price per Sqft $128

Subdivision Mi

MLS Listing ID 61024437

Style 2 Story

Full Baths 30

Half Baths 15

Year Built 2010

Annual Tax Amount $59,790

Lot Size 1.500 Acres

Acres 1.5

Lot Dimensions 200x326.7

Property Sub-Type Multi-Family

Property Description

Rare opportunity to acquire a 15-unit, newer-construction multifamily portfolio in Swartz Creek offering strong in-place income, significant rental upside, and multiple exit strategies. Built in 2010, each unit features 3 bedrooms, 2.1 bathrooms, a private full basement, second-floor laundry, primary suite with private bath, and attached 2.5-car garage. Tenants enjoy the space and privacy of a single-family home while ownership benefits from the efficiency of a multifamily investment. Each condo is individually parceled and separately metered, all utilities are paid by the tenants, and there is currently no HOA, allowing for minimal owner involvement. Current rents max out around $1,450 per month, while estimated market rents are approximately $1,750, creating up to $300 per unit in monthly upside, or $54,000 annually across the portfolio. With newer construction and minimal updating needed, investors can focus on increasing revenue rather than major renovations. Operate the portfolio as a traditional multifamily community, increase NOI through rent growth, or take advantage of the individually parceled units for future resale or equity strategies. 15 units. 45 bedrooms. Private basements. 15 attached 2.5-car garages. Individually parceled. Individually metered. Tenant-paid utilities. No HOA. Newer construction. Significant rental upside. A unique opportunity to acquire a low-maintenance asset with strong cash flow potential, built-in appreciation, and multiple paths to create value.

Location

State MI

County Genesee

Area Swartz Creek (25033)

Zoning Residential

Rooms

Basement Poured

Interior

Heating Forced Air

Cooling Central A/C

Fireplace No

Exterior

Exterior Feature Aluminum, Brick

Amenities Available Laundry Facility

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Aluminum,Brick

Schools

School District Swartz Creek Community Schools

Others

Ownership Corporation

Energy Description Natural Gas

Financing Cash,Conventional

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by Tarar Homes

NEARBY SCHOOLS & PROPERTIES

"I am here to help you every step of the way. Whether you are a first time home buyer or an experienced home owner, my goal is to make the process stress free and help you find the home of your dreams."

+1(419) 260-2806

jackie@jackiejonesrealtor.com

1910 IndianWood Circle, Maumee, OH 43537, USA

9295 Cedar Creek Court Swartz Creek, MI 48473 8983