$175,500
$189,900
7.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4,356 Sqft Lot
SOLD DATE : 12/18/2023
Key Details
Sold Price $175,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 69023142362
Sold Date 12/18/23
Bedrooms 4
Originating Board Southwestern Michigan Association of REALTORS®
Year Built 1910
Annual Tax Amount $2,436
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 62x68
Property Description
This four-unit apartment building ensures a steady stream of income with all four units currently occupied by reliable and rent-paying tenants. Nestled in a community that blends modern conveniences with a touch of charm, this property promises not only immediate returns but also long-term value appreciation. Each unit is thoughtfully designed for comfortable urban living, making them highly desirable for tenants seeking a city lifestyle. The thriving rental market in Niles, combined with the stability of existing tenants, sets the stage for a promising and lucrative investment venture.
Location
State MI
County Berrien
Area Niles
Direction Main Street in Niles to 6th Street turn North to 2nd home on the right.
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Pool No
Waterfront no
Roof Type Composition
Garage no
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Vinyl
Schools
School District Niles
Others
Pets Allowed Yes
Tax ID 117230500148035
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2024 Realcomp II Ltd. Shareholders
Bought with Coldwell Banker Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "