8 Unit Multi Family in Williamston, MI

444 Haslett Rd Williamston, MI 48895

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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$250,000 to $285,000
Cap Rate:
9.00%
Last Verified:
Jul 05, 2017

444 and 519 Haslett Rd in Williamston, MI. Each building has four one-bedroom apartments for a total of eight apartments. Newer roof, well maintained. Very few apartments in Williamston makes keeping them occupied easy. Rents are currently well below market and can easily be raised. All long-term tenants now on month-to-month so rents can be raised immediately. One building has handicapp access with a ramp. 


Map of 444 Haslett Rd, Williamston, MI, 48895, USA

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.