Excellent investment opportunity between Jonesville & Coldwater on US-12 ! This well-maintained four-unit apartment building features three apartments on the main level and one spacious apartment upstairs, offering outstanding income-producing potential. Apartment A has been beautifully renovated '26, while the additional apartments feature comfortable living spaces with unique character and strong rental appeal. Attached garage/storage building. This property presents an exceptional opportunity for investors seeking immediate rental income and long-term appreciation. Seller currently occupies one main-level apartment and will lease it back after closing for $650 per month, with lease-back terms to be negotiated as part of the purchase agreement. Do not view without an appointment with agent.
| MLS # | 70548294 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 81 |
| Listing Provided By | Playford Real Estate | Mary Playford |
| SQ Feet | 3,900 |
|---|---|
| Basement | Y |
| Units | 4 |
| Acreage | 0.25 |
| Cooling Yes / No | No |
|---|---|
| Cooling | None |
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Vinyl Siding |
|---|---|
| Foundation Details | Basement |
| Lot Features | Sidewalks |
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | No |
| List Aor | Hillsdale County Board of REALTORS |
|---|
| Property | 1134 |
|---|
| State | MI |
|---|---|
| County | Hillsdale |
| City | Allen |
| Zip Code | 49227 |
| Area | UPDATE |
| Listing VS Median (in 49227) | |
Price: $229,900 low | high Med: $202,400 sqft: 3,900 low | high Med: 2,652 $ / sqft: $59 low | high Med: $92 On site: 81 low | high Med: 83 | |
| State | MI |
|---|---|
| County | Hillsdale |
| City | Allen |
| Zip Code | 49227 |
| Area | UPDATE |
| Listing VS Median (in 49227) | |
Price: $229,900 low | high Med: $202,400 sqft: 3,900 low | high Med: 2,652 $ / sqft: $59 low | high Med: $92 On site: 81 low | high Med: 83 | |