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$425,000
Est. payment /mo
0.25 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70487367
Year Built 1901
Annual Tax Amount $7,671
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 82x132
Property Sub-Type Multi-Family
Property Description
Investor's dream or ideal owner-occupy opportunity! This fully occupied 4-unit multi-family property sits on a desirable corner lot and is a rare find for those looking to expand their portfolio or offset their mortgage with rental income. All units are on month-to-month leases, offering steady cash flow and flexibility for the new owner. Each unit is well-maintained with spacious layouts, plenty of natural light, and separate utilities. Tenants enjoy off-street parking and a quiet, well-kept setting. Whether you're planning a 1031 exchange, portfolio expansion, or house-hacking strategy, this property offers both immediate income and long-term upside. Potential to increase rents or upgrade units to boost value. Located near schools, shopping, and local amenities. Don't miss this chance
Location
State MI
County Ionia
Area Ionia (34020)
Zoning Residential
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Parking Features Additional Garage(s)
Building
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Ionia County Isd
Others
Energy Description Natural Gas
Financing Cash,Conventional
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