$330,000
$367,900
10.3%For more information regarding the value of a property, please contact us for a free consultation.
4901 Hedgewood Drive Midland, MI 48640
0.28 Acres Lot
Key Details
Sold Price $330,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Midland
MLS Listing ID 22041313
Sold Date 11/04/22
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1975
Annual Tax Amount $5,533
Tax Year 2022
Lot Size 0.275 Acres
Acres 0.28
Lot Dimensions 75x160
Property Description
Welcome to 4901 Hedgewood Dr! This well-maintained 4 unit multifamily home is ready for it's new owner(s)! This building has 2, 2 bed 1 bath units (units 1&2), 1, 1 bed 1 bath unit (unit 3), and 1, Executive studio (unit 4). Units 1,2 and 4 have their own washer and dryer. Other great updates include new roof in 2021, updated Trex decking on all decks, 2 mini split AC units, vinyl plank flooring plus so much more! A portion of the garage is reserved for unit 4 and the other 2/3 of the garage is rented at $190 per month to another client that doesn't stay on the residence. The seller pays for all utilities. Some units are far under market rent - what a great opportunity to reposition the building to its max earning potential! A must see to appreciate! 48-hour notice needed for showings.
Location
State MI
County Midland
Area Outside Michric Area - Z
Direction E on W Saginaw Rd from N Meridian Rd, N on Hedgewood, Building in on the left side of street.
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Natural Gas
Cooling Wall Unit(s), Central Air
Fireplaces Number 1
Exterior
Parking Features Paved
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 12
Building
Sewer Public Sewer
Structure Type Aluminum Siding
New Construction No
Schools
School District Midland
Others
Tax ID 14-06-50-116
Acceptable Financing VA Loan, FHA, Cash, Conventional
Listing Terms VA Loan, FHA, Cash, Conventional
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