424 N 4th Street, Niles, MI 49120 (MLS # 24005920)
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*
DAYS ON MARKET
|
91
|
LAST UPDATED
|
5/7/2024
|
YEAR BUILT
|
1910
|
COMMUNITY
|
Southwestern Michigan - S
|
COUNTY
|
Berrien
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
AIR |
Window Unit(s) |
AIR CONDITIONING |
Yes |
AREA |
Southwestern Michigan - S |
BASEMENT |
Crawl Space |
CONSTRUCTION |
Aluminum Siding |
FIREPLACE |
Yes |
HEAT |
Forced Air, Natural Gas |
LOT |
9583 sq ft |
LOT DESCRIPTION |
Corner Lot, Level |
LOT DIMENSIONS |
72x132 |
SEWER |
Public Sewer |
TAXES |
2023 |
UTILITIES |
Natural Gas Available, Phone Available, Cable Available, Phone Connected, Natural Gas Connected, Cable Connected |
WATER |
Public |
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Copyright 2024 MichRIC, LLC. All rights reserved.
Updated 5/10/24 2:05 PM PDT
Information Deemed Reliable But Not Guaranteed.
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