328 S Warren Avenue, Big Rapids, MI 49307 (MLS # 25002918)

PRICE	$330,000
BEDS	0
BATHS	0
HOME SIZE	n/a
LOT SIZE	13,068 sqft

INVESTMENT OPPORTUNITY!! Buy this 4-unit for a great addition to your portfolio, or move into one of the units and collect rent from 3 other units with an FHA / VA loan! This property boasts $4,180 /mo. in gross rents at a 10.2% Cap rate. See attached pro forma. Tenants pay ALL utilities & all units are separately metered. Professionally managed. This property features a charming old house duplex on the same lot with a newer, traditional side-by-side duplex. All units have their own laundry. Great tenants, very low-maintenance. All tenants are on M2M leases. One tenant is currently in the process of moving out, so it could be vacant at close for an owner-occupied buyer, or we could place a new tenant for you if you are an investor! Schedule your tour today!

DAYS ON MARKET	7	LAST UPDATED	1/24/2025
YEAR BUILT	1950	COMMUNITY	West Central - W
COUNTY	Mecosta	STATUS	Active
PROPERTY TYPE(S)	Multi Family

ADDITIONAL DETAILS
AIR	Wall Unit(s)
AIR CONDITIONING	Yes
AREA	West Central - W
BASEMENT	Full, Yes
CONSTRUCTION	Vinyl Siding, Wood Siding
FIREPLACE	Yes
HEAT	Forced Air, Natural Gas
LOT	0.3 acre(s)
LOT DESCRIPTION	Corner Lot
LOT DIMENSIONS	88.5x150
PARKING	Driveway, Gravel
SEWER	Public Sewer
TAXES	5084
UTILITIES	Natural Gas Available, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available
ZONING	R-P Rez

MORTGAGE CALCULATOR

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Listing provided by Clear Realty Group, Tyler Johnson

Updated 1/29/25 9:23 PM PST

Information Deemed Reliable But Not Guaranteed.

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