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Listed by Keller Williams of NM Signature Group
$524,900
Est. payment /mo
2 Baths
5,600 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $93
MLS Listing ID 1947282
Year Built 1980
Lot Size 1.500 Acres
Acres 1.5
Property Sub-Type Multi Family
Property Description
Turnkey 7-Unit Multifamily Investment Opportunity Presenting an outstanding opportunity to acquire a well-maintained 7-unit apartment building offering an ideal blend of stable cash flow and long-term investment potential. The property consists of four spacious two-bedroom units and three comfortable one-bedroom units, providing a desirable unit mix that appeals to a broad range of tenants. Each apartment has been thoughtfully updated with bright, modern interiors, featuring attractive wood-look flooring, neutral paint colors, updated kitchens with quality cabinetry and durable countertops, and clean, contemporary bathrooms. The spacious floor plans maximize natural light while creating warm, inviting living spaces that residents are proud to call home. The two-bedroom units offer generous living areas, functional layouts, well-appointed kitchens with ample cabinet space, spacious bedrooms, and updated bathrooms designed for everyday comfort. The one-bedroom apartments provide efficient, open floor plans that combine affordability with modern finishes, making them highly attractive to singles, couples, and working professionals. The property has been professionally maintained and offers the type of low-maintenance finishes investors appreciate. Updated kitchens, attractive bathrooms, modern flooring, and neutral décor help minimize future turnover costs while maximizing tenant appeal. The clean, contemporary finishes create a move-in-ready environment that supports strong occupancy and competitive rental rates. With a balanced unit mix, broad tenant appeal, and an attractive presentation throughout, this property is well positioned for both experienced and first-time multifamily investors. Whether you're looking to expand an existing portfolio or acquire a stable income-producing asset, this apartment community offers an exceptional combination of functionality, durability, and long-term upside.
Location
State MI
Rooms
Basement Crawl Space
Interior
Interior Features Drywall, High Speed Internet, Cable TV, DSL
Heating Baseboard
Fireplaces Type None
Fireplace false
Appliance Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
Exterior
Exterior Feature None
Community Features None
Waterfront Description Private
Roof Type Asphalt
Garage false
Building
Story One
Sewer Private Sewer
Water Private
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456