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$287,900
Est. payment /mo
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70449549
Year Built 1900
Annual Tax Amount $5,094
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 150x50
Property Sub-Type Multi-Family
Property Description
Investors take notice! This 3 unit apartment building/investment property has been a cash cow for many years, has the perfect space for a 4th unit to be fitted out (contingent on city approval for a 4th unit) , and a location that can hardly be beat..a couple blocks away from Ferris State University...literally in the heart of downtown. With its big backyard, plenty of parking, an attached 2+ car garage, and an unbeatable location, you are sure to appreciate the opportunity this iconic downtown fixture has to offer you. Call for more information! Current rent is $1000 for upstairs, $700 south unit, $750 north unit, all on a month to month. These rents reflect the long term owner relationship with the renter, and are less than the market rates.
Location
State MI
County Mecosta
Area Big Rapids (54018)
Interior
Heating Forced Air
Exterior
Exterior Feature Brick
Building
Foundation Basement
Structure Type Brick
Schools
School District Big Rapids Public Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA
Read Less Info

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Listed by RE/MAX TOGETHER
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