$237,000
$239,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
424 N 4th Street Niles, MI 49120
4 Beds
9,583 Sqft Lot
Key Details
Sold Price $237,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 69024005920
Bedrooms 4
Year Built 1910
Annual Tax Amount $2,023
Lot Size 9,583 Sqft
Property Description
Exceptional Investment Opportunity in Downtown Niles, MI! This multi-family gem, located in the vibrant heart of downtown, offers a unique blend of character and financial promise. With all four units under solid 1-year leases, investors can enjoy immediate and reliable returns. The property generates an impressive gross profit of $3,400 per month, showcasing its lucrative potential. Recently upgraded with a new roof in 2023, this investment promises low maintenance costs and long-term value. Each unit has their own gas meter, furnace and water heater. Seize the chance to be part of the thriving real estate scene in Niles--secure your stake in this profitable, well-maintained 4-unit property today! *Each unit has 1 bedroom & 1 bathroom*
Location
State MI
County Berrien
Area Niles
Interior
Heating Forced Air
Cooling Window Unit(s)
Exterior
Garage Spaces 1.0
Roof Type Composition
Building
Foundation Crawl, Michigan Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Aluminum
Schools
School District Niles
Others
Acceptable Financing Cash, Conventional, Trade/Exchange
Listing Terms Cash, Conventional, Trade/Exchange
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Bought with Grand Rapids Realty & Investments LLC