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1523 Saint Clair River Dr Algonac, MI 48001

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For Sale
$699,900

7-unit multifamily property in downtown Algonac with recent updates.

Lot size:
0.17 Acres

Property Features for 1523 Saint Clair River Dr

General Information

Property type
Investment
Standard status
Active
Lot size
0.17 Acres

Building Details

Year built
1995

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Listing Contact
Robert D Kluck
Robert D Kluck
Source: Elliman

Listing Agency: Exclusive Broker Services, LLC Listing Agent: Robert D Kluck

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Downtown Algonac 7-Unit Multifamily Property

Located in downtown Algonac, this 7-unit multifamily property presents an investment opportunity. The property features a mix of residential units, including one two-bedroom unit, five one-bedroom units, and a flat. The building offers views of the river from the front windows and porch. Situated near a church and city building, the property benefits from its central location. Each unit has separate gas and electric meters, and there is a designated dumpster area for trash disposal. Over the past five years, the property has undergone renovations, including new flooring, updated tile bathrooms, and fresh paint. The sewer system inside the building has been updated, and a coin-operated washer and dryer are available for tenants. Residents can enjoy the spacious common porches on both the upper and lower floors.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Algonac
County
St. Clair
State
Michigan
Longitude
-82.528601
Latitude
42.621721

FAQs

What type of property is this?
Apartment building - 7-unit multifamily property in downtown Algonac with recent updates.
Where is this apartment building located?
The property is located at 1523 Saint Clair River Dr Algonac, MI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: - Prime downtown Algonac location.; - 7-unit property with a mix of one and two-bedroom units and a flat.; - Separate gas and electric meters for each unit.
More about this property
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