$229,900
 $1,234 est/mo Sourced by Back At You

118 W Chicago Road,Allen, MI 49227

Allen, MI 49227

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Description

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.

Details

MLS #70548294
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site81
Listing Provided ByPlayford Real Estate | Mary Playford

Features

SQ Feet3,900
BasementY
Units4
Acreage0.25

Interior

Cooling Yes / NoNo
CoolingNone
Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsVinyl Siding
Foundation DetailsBasement
Lot FeaturesSidewalks

Parking

Garage Yes / NoYes
Attached Garage Yes / NoNo

Other

List AorHillsdale County Board of REALTORS

Taxes

Property1134

Area Information

StateMI
CountyHillsdale
CityAllen
Zip Code49227
AreaUPDATE
Listing VS Median (in 49227)
Price:
$229,900
low | high
Med:
$202,400
61.961722488038% of Average
sqft:
3,900
low | high
Med:
2,652
82% of Average
$ / sqft:
$59
low | high
Med:
$92
5.661881977671% of Average
On site:
81
low | high
Med:
83
97.590361445783% of Average
Sourced by Back At You

Market Activity 49227

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Learn More About This Property

StateMI
CountyHillsdale
CityAllen
Zip Code49227
AreaUPDATE
Listing VS Median (in 49227)
Price:
$229,900
low | high
Med:
$202,400
61.961722488038% of Average
sqft:
3,900
low | high
Med:
2,652
82% of Average
$ / sqft:
$59
low | high
Med:
$92
5.661881977671% of Average
On site:
81
low | high
Med:
83
97.590361445783% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 4:58:51 AM PDT