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424 N 4th Street

Niles, MI 49120
  • $239,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: 69024005920
UPDATED: 84 min ago
$239,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:
Lot Size Dimensions:
72x132

School Ratings & Info

School District:

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*

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-23T03:24:40.477.
www.refacmi.com/homes/147261687
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424 N 4th Street Niles, MI 49120

  • Price: $239,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 84 min ago
  • ID#: 69024005920
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1910
Built
Neighborhood:
Niles
County:
Berrien
Area:
Niles
School District:
Niles
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*
Exterior Features

Construction Materials Aluminum Foundation Details CrawlMichigan Basement Lot Size Dimensions 72x132 Multifamily Parking Garages Parking Total 1 Road Frontage Feet 72 Road Frontage Type PavedPub. Sidewalk Roof Material Composition Waterfront YN No

Interior Features

Basement YN Yes Cooling Window Unit(s) Heating Forced Air Heating Fuel Natural Gas Interior Features Cable Available Room Count 0 Unit One Bed Number Of 4

Property Features

Down Payment Resource YN No Gross Scheduled Income 41304.00 Land Contract YN No Listing Financing CashConventionalTrade/Exchange Ownership Status Private Owned Postal City Niles Settlement City Sewer Public Sewer (Sewer-Sanitary)Sewer at Street Short Sale No Tax Amount Summer 2023.0000 Title Standard (Private) Total Tax 2023.0000 Transaction Type Sale Unparsed Address 424 N 4th Street Water Source Public (Municipal)Water at Street

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via IREP ERA Powered: (269) 684-5030 and Southwestern Michigan AOR MLS, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-23T03:24:40.477.
 
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