Exceptional investment opportunity in the heart of Mason! 305 W Elm Street is a stabilized four-unit multifamily property offering immediate cash flow and long-term upside. Each of the four units features 2 bedrooms and 1 bathroom, providing a highly desirable layout for tenants. Currently generating approximately $4,500 per month in rental income, this property presents a rare value-add opportunity with rents significantly below current market rates, allowing investors the potential to increase revenue over time. Located in the highly sought-after Mason community, tenants enjoy convenient access to downtown Mason, local shopping, dining, parks, and major commuter routes. Whether youre looking to expand your portfolio, complete a 1031 exchange, or enter the multifamily market with a proven performer, this well-maintained asset offers stable occupancy, consistent income, and substantial future growth potential. Dont miss the chance to own a cash-flowing investment in one of Mid-Michigans most desirable rental markets.
Listed By
Agency Name: Home Towne Real Estate
Shown By
Agent Name: Robert Bailey, IV
Agent Phone: (419) 343-7367
Agency Title: Key Realty
Estimated Payment
$ 2,648.42 per month $2,517.17 Principal & Interest $0.00 Property Tax (data not provided by mls) $131.25 Homeowner's Insurance
305 W Elm Street | MLS# 296902
This multi-family property located at 305 W Elm Street, Mason, MI 48854 is currently listed for sale with an asking price of $450,000. Search Mason real estate on robertbailey.ikeyrealty.com today.