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About the Listing 103870 - 620402,672837
Tremendous opportunity to invest in a multifamily property in the heart of downtown Plymouth, located right next to the Plymouth Public Library and just steps from everything downtown has to offer, including the Kellogg's Park, Penn Theatre, shopping, and a wide variety of restaurants. This property features three units: two lower-level units, each offering two bedrooms and one full bath, and one upper-level unit with one bedroom and one full bath. All units include stainless steel appliances and private, in-unit laundry rooms. The upper unit features a gas range, while the two lower units are equipped with electric ranges. Major updates include brand new windows and a new roof completed in 2024. Kitchens and bathrooms have been updated within the past six years, and the water heater was replaced within the last seven years. The upper unit has been fully remodeled in 2026. The two lower units are currently rented at $1,285 (ends May 2025) and $1,250 (ends June 2025) per month. The upper unit is set to begin a new lease at $1,275 per month starting in April (ends May 2028), bringing total monthly income to $3,810, or $45,720 annually. The net operating income comes in at $34,640. Gas and electric are metered individually and paid by each tenant. A strong investment opportunity in a prime location. Reach out for more details.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
60976768
Year Built
1982
Total Square Footage
2,218
Lot/Acreage
0.16
County
Wayne
Neighborhood
Price Place Sub
Area
Plymouth (82013)
School District
Plymouth Canton Comm Schools
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2218
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 50X142.5
- Zoning: Residential
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $10,765
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
346 Roe Plymouth, MI 48170
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