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$ 250,000
Est. payment /mo
New
2868 Lewis AVE Ida, MI 48140
6 Beds
7 Baths
4,228 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 4,228 sqft
Price per Sqft $59
Subdivision Van Atkins
MLS Listing ID 57050196241
Bedrooms 6
Full Baths 7
Year Built 1880
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type MultiFamily
Property Description
2868 Lewis Ave offers a six-unit multifamily investment positioned for steady income in a high-traffic corridor. The property features six separately rented units, providing a diversified rent roll and reduced vacancy risk. Current rents range from approximately $530 to $754 per unit, creating reliable monthly cash flow with upside potential as leases renew and market conditions allow. The location benefits from convenient access to major roadways, public transportation, and nearby services, supporting ongoing tenant demand. This asset is well-suited for investors seeking a stabilized multifamily property with scalable income and long-term portfolio value. Financial details available upon request.
Location
State MI
County Monroe
Area Area06101Idatwp
Interior
Heating ForcedAir, NaturalGas, SeparateMeters
Fireplace No
Exterior
View Y/N No
Building
Foundation Slab
Sewer PublicSewer, SewerAtStreet
Water Public
New Construction No
Schools
High Schools Ida
School District Ida
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition CorporateRelocation, ShortSaleNo

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Listed by Tyler Tresize of Loss Realty Group

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