42280 Willson Memorial Drive, Chassell MI 49916 – (MLS #50180277)

Description

LOCATION, LOCATION, LOCATION in the heart of the quaint village of Chassell and 7.6 miles from Houghton. The Chippewa Apartment building consists of 10 apartments, a coin operated laundry room with office, a storage building, backs to the park, walking trail, a view of Pike Bay and Portage Canal. The Chippewa was converted from a motel to apartments in 2010 & 2011. Two units are studio type, 5 units have 1 bedroom and 3 apartments consists of 2 bedrooms. One unit is handicapped accessible and 6 of the units have wall A/C units while the others have a sleeve in which to install a A/C unit. Most units have a view of the Bay, walking trail and park. The initial renovation includes flooring, energy star appliances (gas stoves), insulation, drywall, individual shut-off valves, room sprinkler system, windows, doors. toilets, bathroom fixtures, blinds, roofing, soffits, facia, energy efficient computerized boiler/hot water system. There is access to the crawl space. The apartments started renting in 2011. Off street parking is plentiful. POTENTIAL PURCHASERS MUST BE PREQUALIFIED FOR A MORTGAGE OR SHOW PROOF OF FUNDS IF PAYING CASH BEFORE A SHOWING CAN TAKE PLACE. FINANCIAL INFORMATION CAN BE PROVIDED UPON RECEIPT OF A SIGNED CONFIDENTIALITY STATEMENT BY POTENTIAL PURCHASER. All information must be verified by the purchaser and purchaser’s agent. TENANTS RIGHTS APPLY! NOTICE: Al information believed accurate but not warranted. Purchaser is recommended to inspect and verify all aspects of the property & bears all risks for any inaccuracies including but not limited to estimated acreage, lot size, square footage, utilities. Real estate taxes are subject to change. A PORTION OF THE PARKING LOT WILL BE REPAIRED IN THE NEAR FUTURE. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect & verify all aspects of the property & bears all risks for any inaccuracies including but not limited to estimated acreage, lot location/size, square footage, utilities (availability & costs associated). Real estate taxes are subject to change (possibly significant) & municipality reassessment after sale. Buyer should NOT assume that buyer’s tax bills will be similar to the seller’s current tax bills. Taxes are not zero. Audio/video recording devices may be present on property and entering the property shall be considered consent to be recorded.