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Niles,MI 49120
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 68025013322
Bedrooms 5
Year Built 1945
Annual Tax Amount $7,000
Lot Size 3,920 Sqft
Property Description
Turn Key, 100% Occupied Brick 5 unit in Downtown Niles. This building feature 5-1 Bed 1 Bath units. Average rent of $909 per month including utility fees. This property cash flows nicely bringing in Net income of over $24,000 in the past 12 months. Property Management company is ready and willing to stay in place if needed.Tons of improvements have been made to the property in the past 3 years including new stair ways/decking in the rear of the building. 2 Gas Forced Air Furnaces provide Heat(each only 2 years old) and 1 Condenser provides cooling.
Location
State MI
County Berrien
Area Niles
Interior
Heating Forced Air
Cooling Central Air
Laundry 1
Exterior
Garage Spaces 2.0
Roof Type Rubber
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Niles
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional