$257,900
Est. payment /mo
7,405 Sqft Lot
Active
117 S Warren AVE Big Rapids, MI 49307
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 72025002888
Year Built 1900
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type MultiFamily
Property Description
Investors take notice! Approved by the city for non-related persons rental housing! This 3 unit apartment building/investment property has been a cash cow for many years, has the perfect space for a 4th unit to be fitted out (contingent on city approval for a 4th unit) , and a location that can hardly be beat..a couple blocks away from Ferris State University...literally in the heart of downtown. With its big backyard, plenty of parking, an attached 2+ car garage, and an unbeatable location, you are sure to appreciate the opportunity this iconic downtown fixture has to offer you. Call for more information! Current rent is $1000 for upstairs, $700 south unit, $750 north unit, all on a month to month. These rents reflect the long term owner relationship with the renter, and are less than the market rates.
Location
State MI
County Mecosta
Area Area54252Bigrapids
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplace No
Laundry None
Exterior
Utilities Available NaturalGasConnected, PhoneAvailable, SewerConnected
View Y/N No
Building
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Big Rapids
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
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Listed by Joseph McNally of RE/MAX TOGETHER
NEARBY SCHOOL & BUSINESS
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