508 Wright Street, Breckenridge, MI 48615 (MLS # 1932717)
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8-Unit Apartment Complex - Breckenridge, MI This charming 8-unit apartment complex in Breckenridge features a unique Bavarian Alpine-style design that gives the property great curb appeal. Each unit is a cozy 1 bed, 1 bath with a kitchen, living space, baseboard heat, and a window air-conditioner. The building is fully rented, with each unit bringing in an average of $540 per month. The total gross monthly rent is $4,325, making it a strong income-producing property. Tenants each have their own electric meter and pay their own electric bills. The owner is responsible for water, sewer, dumpster service, lawn care, and snow removal. There's also a coin-operated laundry room on-site, providing additional income. The property includes a paved parking lot for tenant convenience and an extra storage shed for maintenance supplies or owner use. This is a great investment opportunity in a peaceful, small-town setting with consistent rental income and value-added features.
| DAYS ON MARKET | 17 | LAST UPDATED | 4/30/2025 |
|---|---|---|---|
| TRACT | Village of Breckenridge | YEAR BUILT | 1973 |
| COUNTY | Gratiot | STATUS | Pending |
| PROPERTY TYPE(S) | Multi Family |
| School District | Breckenridge Community Schools |
|---|
| ADDITIONAL DETAILS | |
| APPLIANCES | Electric Water Heater, Oven, Range, Refrigerator |
|---|---|
| CONSTRUCTION | Frame, Wood Siding |
| GARAGE | Yes |
| HEAT | Baseboard |
| LOT | 0.83 acre(s) |
| LOT DIMENSIONS | 165 x 208 |
| PARKING | No Garage |
| STORIES | 2 |
| STYLE | 2 Levels |
| SUBDIVISION | Village of Breckenridge |
| UTILITIES | Cable Available |
| ZONING | Multi-Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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Data last updated: 5/9/25 8:55 AM PDT
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