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318 Blanche Street

Plymouth, MI 48170
Square Ft.
2,200
$750,000
Turnkey 4-unit quadruplex in Plymouth's Historic Old Village, just blocks from downtown Plymouth and Kellogg Park. 100% leased with all four 1BR/1BA units occupied, generating $60,000 in in-place annual gross rent. Recent lease activity shows meaningful embedded rent growth: the longest-tenured resident just renewed at $1,225/mo (up 31% from her… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Greater Development LLC.
Listing Snapshot
Days Online
25
Last Updated
Property Type
Multifamily
Square Ft.
2,200
Lot Size
0.15 Acres
Year Built
1972
MLS Number
20261057040
30 Days Snapshot Of 48170
$502k
+5%
(avg) sold price
46
-29%
homes sold
57
+39%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Basement?: 0
Building
4 total units, 4 leased units, 4 one-bedroom units, Built in 1972, Architectural style: Common Entry Building, Vinyl, 2,200 total square feet, 2,200 combined square feet, Unit count: 4
Fireplaces
Fireplace?: 0
Foundation
Slab
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Wall Furnace, Natural Gas
Lot
Lot size area: 0.15, Lot size dimensions: 50X132
Miscellaneous
Gross scheduled income: $60,000, Income projection: Actual, Monthly rental income: $5,000, Net operating income: $46,680, Operating expense: $13,320
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $6,328, Tax amount (winter): $469
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
$0
Mike Gar
Broker | Owner
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Schools In The Area

Check out nearby schools with ratings and contact info.
Farrand Elementary School 734-582-6900 Public KG-5
West Middle School 734-416-7599 Public 6-8
Plymouth High School 734-582-5500 Public 9-12
Farrand Elementary School 734-582-6900 Public KG-5
Farrand Elementary School 734-582-6900 Public KG-5
West Middle School 734-416-7599 Public 6-8
Plymouth High School 734-582-5500 Public 9-12
Canton High School 734-416-7545 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via PAVER Real Estate and Mike Gar, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via PAVER Real Estate and Mike Gar, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.