White Cloud, MI 49349,70 N Lester AVE
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White Cloud, MI 49349,70 N Lester AVE
White Cloud, MI 49349,70 N Lester AVE
White Cloud, MI 49349,70 N Lester AVE
White Cloud, MI 49349,70 N Lester AVE

$2,620,000

Est. payment /mo
Est.Price: ?

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70 N Lester AVE White Cloud, MI 49349

3 Sqft Lot

SOLD DATE : 10/15/2025

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 65024054434

Year Built 1980

Lot Size 3 Sqft

Property Sub-Type MultiFamily

Property Description

32 unit apartment building in a growing submarket, with an attractive unit mix. There is coin-operated laundry and storage units, in each building. The electrical and gas are individually metered. Rents are below market. Value add opportunity to increase rents to market as leases expire. This could be a great opportunity for your next cost segregation study or 1031 exchange. Many capital improvements have been completed, some renovations completed are: common area updates, roof and gutters, exterior doors, appliances, unit renovations, parking lot repairs and much more.

Location

State MI

County Newaygo

Area Area62112Whitecloud

Interior

Heating HotWater, NaturalGas

Cooling WallUnits

Laundry CommonArea

Exterior

Parking Features Garage

Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected

View Y/N No

Roof Type Composition, Metal

Building

Foundation Slab

Sewer PublicSewer, SewerAtStreet

Water Public

Schools

School District Whitecloud

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Realcomp MLS
Listed by Shawn Jacobs of MOXIE Real Estate + Development
Bought with Greenridge Realty (Ionia)
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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