$2,620,000
For more information regarding the value of a property, please contact us for a free consultation.
70 N Lester AVE White Cloud, MI 49349
3 Sqft Lot
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
Read Less
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

©2025 Realcomp II Ltd. Shareholders
Bought with Greenridge Realty (Ionia)






