424 N 4th Street, Niles, MI 49120
$237,000 - Sold
- MLS#: 24005920
- Number of Units: 4
- Type: 2 to 4 Units
- School District: Niles
- County: Berrien
- Taxing Authority: Niles City
- Year Built: 1910
- Basement: Yes
- Air: Window Unit(s)
- Lot Size: 72x132
- Square Footage: 0
- Exterior: Aluminum Siding
- Water: Public
- Acreage: .22
- Heat: Forced Air/Natural Gas
- PPN: 11-72-3110-0026-00-0
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Cable,Electric,Natural Gas,Telephone Line
- Utilities Available at Street: Broadband,Cable,Electric,Natural Gas,Public Sewer,Public Water,Telephone Line
- Extras: Garages,Sep Electric Meter,Sep Gas Meter,Sep Water Meter
- Lot Description: Corner Lot,Level,Sidewalk
- Frontage/Type: 72 / Street, 0 / Water
- Terms: Cash, Conventional, Tax Def Exchange
- Original Price: $239,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: HEAD WEST ON E. MAIN STREET. TURN RIGHT ONTO N. 4TH STREET. THIS MULTI-UNIT WILL BE ON THE LEFT SIDE JUST BEFORE CASS ST.
- Property Description: 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*
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