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Tuesday, October 07, 2008

Some Real Estate Investments Are Just Too Good To Pass Up!

Up for auction on October 9th in Lincoln Park, Michigan is this two-story Class C building with a commercial unit on the first floor and 5 apartments on the second floor. There are 3,480 sq. ft. of space on the first floor which is currently leased by a home construction business with an existing lease of $2,000 a month, (the business is not included in the sale.) The second floor has the same amount of square footage and consists of 5 apartments, each with one bedroom, one bath, kitchen, living area, and a common laundry room. Two of the units pay $644 a month and 3 units pay $500 a month for a total rental income of $4,788 a month for the entire building. This is an incredible deal no investor should miss out on. To learn more about this upcoming auction all you need to do is register with us now!

Labels: auction, commercial property, commercial real estate, MI, Michigan, property, real estate

Activate Your Account Now | Permalink | Posted @ 6:16 PM
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